Astris Finance is pleased to announce the closing by independent solar power producer Tenergie of the refinancing of a fully operational solar PV portfolio located in France, for a total debt amount of 225 m€.
The refinancing followed the acquisition by Tenergie in August of a portfolio of 2 SPVs with a total installed capacity of 72 MW.
The transaction was closed in a short time-frame, benefiting from the favorable market conditions. La Banque Postale and Société Générale acted as Mandated Lead Arrangers.
Astris Finance acted as the exclusive financial advisor to Tenergie which is one of the largest French Solar IPP with more than 500 MW of solar projects in operation in France.