December 2025 – Astris congratulates Toesca on the USD 325m financing of a battery storage project alongside the refinancing of associated solar assets

Santiago, December 2025 – Astris Finance congratulates Toesca Asset Management-backed T Power, a prominent renewable energy development platform in Chile, for closing a USD 325m financing for a greenfield 141 MW/677 MWh battery storage project and the associated refinancing of a 141 MW co-located utility-scale PV solar project, and a portfolio of 18 PMGD small-scale solar projects totaling 121.1 MWp (the “Portfolio”).

The Portfolio’s utility scale PV and battery project operate under long term contracts with various distribution companies and commercialization entities, while the PMGD assets continue to operate under the stabilized regime.

The debt financing package comprises a USD 239.5m term loan, a USD 35m liquidity facility and an up to USD 50m letter-of-credit facility. Natixis and SMBC led the transaction alongside Banco de Credito e Inversiones and with a participation from NinetyOne.

Astris acted as exclusive financial advisor to Toesca Asset Management.  The transaction represents an important milestone for our client and adds to Astris’s long and successful advisory franchise within the Chilean renewable sector. 

November 2025 - Astris congratulates TSE on €106 million financial close for a 120MW portfolio of photovoltaic and agrivoltaic plants

Paris, November 2025 – We are pleased to announce the closing of the Aphaia Finance 3 transaction in which we assisted TSE, a leading French solar developer, in the €106 million financing of a 120 MW portfolio of photovoltaic and agrivoltaic assets.

Spread over several French regions, these 15 solar farms will produce clean and renewable electricity each year equivalent to the consumption of more than 70,000 households.

The portfolio includes several agrivoltaic sheds, which illustrates TSE’s innovative strategy to develop synergies between agriculture and solar energy production, thanks to facilities designed to protect crops, improve animal welfare and optimize energy production.

Portfolio’s revenue stream comes both from the French Energy Regulatory Commission regulated tariffs (CfD) as well as from corporate PPAs.

The transaction was arranged by Caisse d'Epargne CEPAC, Crédit Agricole Transitions & Energies and BPI France.

Astris acted as exclusive financial advisor to TSE. This financing is another milestone in our longstanding collaboration with TSE and an additional greenfield solar financing credential in Europe.

November 2025 – Astris congratulates Hydrocop for the refinancing of a 101 MW portfolio of operating hydro assets

Paris, November 2025 – Astris Finance congratulates Hydrocop, a leading hydroelectricity energy developer and producer in France, for the refinancing of a portfolio of operating hydro assets, totaling an installed capacity of 101 MW (the “Portfolio”).

The Portfolio, which consists of 37 hydroelectric plants spread over mainland France is a mix of assets in operation. It is currently largely contracted and gradually transitioning to a predominantly merchant profile towards the end of the financing period.

This refinancing, structured around a new senior debt of €182 million, allows Hydrocop to consolidate its financial structure and free up resources for its ambitious development. The transaction was arranged by BPCE Group, La Banque Postale and BPI France.

Astris acted as exclusive financial advisor to Hydrocop. This transaction marks the start of Astris’s collaboration both with Hydrocop and its main shareholder Soregies and is another refinancing credential in the European renewable energy market.

November 2025 – Astris Finance Congratulates its client JP Energie Environnement for Closing a €430 Million Refinancing for a Wind and Solar Portfolio in France

Paris, November 2025 – Astris Finance Congratulates its client JP Energie Environnement for Closing a €430 Million Refinancing for a Wind and Solar Portfolio in France

We are pleased to announce the closing of Project Daiquiri in which we assisted JP Energie Environnement, a leading French IPP owned by the Nass family and France’s Caisse des Dépots.

The refinanced portfolio consists of 19 wind farms - including one under construction - and 25 solar plants, representing a total capacity of 427 MW.

The financing was arranged and financed by Bpifrance, CIC, Société Générale, and Crédit Agricole Transitions & Energies, alongside Groupe Crédit Agricole banks. This strategic transaction, initiated in early 2025, strengthens JPEE’s position as a leading player in the energy transition.

Xavier Nass, JPEE’s CEO stated: “This refinancing, completed with the very valuable support of Astris, provides us with the resources to accelerate our contribution to the energy transition while paving the way for new ambitions: organic and external growth, diversification – including in the energy storage space – and international expansion.”

Arnaud Germain, Head of Europe at Astris said: “The Daiquiri transaction further strengthens our relationship with JPEE and its shareholder Caisse des Dépôts and illustrates the added value a financial advisor such as Astris can create on a complex, multi-technology refinancing. We are happy to be able to support our clients on their refinancing plans across Europe with the level of commitment they know us for.”

Astris Finance acted as exclusive financial advisor to JP Energie Environnement from the structuring to the successful closing of the transaction, one of the largest portfolio refinancings in the French renewable market in 2025.

October 2025 - Astris Congratulates its Clients for Closing a €85.6m Financing for one of the Largest Battery Storage Projects in Continental Europe

Paris, 31 October 2025 - The Baltic Storage Platform (BSP) joint venture - bringing together French independent solar power producer Corsica Sole, Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investment, and Estonia’s leading renewable energy developer Evecon - has successfully secured €85.6 million in financing from the European Bank for Reconstruction and Development (EBRD), Edmond de Rothschild Asset Management, and the Nordic Investment Bank (NIB) for its two battery energy storage projects, Hertz 1 and Hertz 2, located in Estonia.
 
The two projects are located in Kiisa and Aruküla, both approximately 25 km from Tallinn. With a combined capacity of 200 MW of power and 400 MWh of storage capacity, Hertz 1 and Hertz 2 will form one of the largest battery plants in continental Europe. Both projects are currently under construction and will be fully operational by the end of 2025 and 2026 respectively. These assets will play a critical role in stabilizing the Baltic power system following recent synchronization with the European grid, and in accelerating the phasing-out of fossil fuels.

This groundbreaking transaction represents the first project financing in the Baltic countries that is exclusively structured around the revenues generated by storage assets in the energy arbitrage and ancillary services markets. The private sector’s direct investment in a strategic energy infrastructure offers a concrete response to the Baltic region’s security-of-supply and energy independence challenges.

Astris Finance acted as exclusive financial advisor to Mirova, Corsica Sole and Evecon. This closing is a testimony to our ability to assemble the best mix of funding sources for complex, innovative transactions, and builds on our strong track record in the battery storage sector in Europe.

October 2025 - Astris Finance Congratulates Altano Energy on €81 Million Financial Close for Hybrid Renewable Portfolio in Spain

Madrid, October 2025 – Astris Finance congratulates its client, Altano Energy (“Altano”), for securing an €81 million facility to finance the construction of its multi-technology renewable energy portfolio in Andalucía, Spain.

With an installed capacity of 94 MW across two onshore wind farms and three solar photovoltaic plants, this portfolio represents a significant milestone in the decarbonization of southern Spain as it will produce near base load electricity given the complementarity of solar and wind production in this region of Spain. It is expected to be fully operational in 2027.

The financing was structured with ING acting as Mandated Lead Arranger, Lender, Original Hedging Counterparty, and Green Loan Coordinator. The transaction strengthens Altano's network of financial partners and reaffirms market confidence in its business plan.

Astris Finance acted as exclusive financial advisor to Altano. This landmark deal reinforces Spain’s leadership in innovative hybrid renewable platforms and highlights Astris’ strong track record in advising complex clean energy financings.

October 2025 - Astris Finance Congratulates Enfinity Global on €316 Million Financial Close for Utility-Scale Solar Portfolio in Italy

Madrid / Milan, October 2025 – Astris Finance congratulates its client, Enfinity Global (“Enfinity”), for the raise of a €316 million facility to fund the construction of eight utility-scale solar power plants in Italy. With a total planned capacity of 276 MW, these projects will make a significant contribution to Italy’s energy transition and are expected to be fully operational by the end of 2026.

The solar power plants are strategically distributed across the regions of Emilia Romagna, Basilicata, and Lazio, supporting regional energy security and Italy’s decarbonization targets.

The financing was structured through a club deal with ING, Rabobank, and BNP Paribas acting as Mandated Lead Arrangers, Lenders, Original Hedging Counterparties, and Green Loan Coordinators.

Astris Finance acted as exclusive financial advisor to Enfinity, providing strategic and financial support throughout the transaction, from structuring to successful close. This achievement further consolidates the strong partnership built over the last 3 years between Astris and Enfinity: to date, Astris has advised Enfinity in raising over €800 million of financing for more than 700 MW of solar PV projects in Italy.

August 2025 - Astris Congratulates its Client BRUC for the Refinancing of a €650m Corporate Facility

Madrid, August 2025 – We are pleased to announce the successful closing of the refinancing of BRUC’s €650m corporate debt through a green loan facility provided by Santander, ING, Schroders Capital, Infranity, ICO and BNP Paribas.

This facility replaces the initial financing closed in 2023 and supports BRUC’s 6,600MW clean energy business plan in Spain. The funding enables construction, commissioning and hybridization of solar, wind and battery storage assets.

BRUC currently has 1.96GW of projects in operation, 487MW of projects under construction, and a 4.15GW development pipeline. In the first half of 2025, it produced 1,650GWh of electricity, which met the needs of c. 420,000 households and avoided 477,000 tons of CO₂. This refinancing is another testimony of continued institutional confidence in BRUC’s long term strategy.

Astris acted as financial advisor to BRUC. This closing underscores our ability to craft tailor-made financing solutions for the leading renewable energy developers and confirms Astris's expertise in structuring corporate financings and optimized capital structures.

June 2025 – Astris Finance Advises on the Sale of Project Mainland, a 62 MW Operational Solar PV Portfolio in Spain

Madrid, June 2025 – Astris Finance is pleased to announce the successful closing of Project Mainland, the sale of a 62.1 MWp operational solar photovoltaic portfolio located in Navarra, Spain. Astris Finance acted as exclusive financial advisor to Amarenco Group on the 100% sale of the portfolio to Octopus Energy Generation, one of Europe’s leading renewable energy investors.

The portfolio comprises two plants – Project Guardián (37.2 MWp) and Project Cierzo (24.9 MWp) – both commissioned in October 2024 and currently operating under a fully merchant revenue scheme. The assets were previously financed under a mini-perm structure arranged by Astris Finance in 2023.

With this transaction, Astris Finance further consolidates its position as a leading financial advisor in the Iberian renewable energy market, where the firm is currently advising on multiple mandates across equity and debt transactions.

April 2025 - Astris advises Technique Solaire in the successful raise of a €302m landmark pan-European greenfield financing.

Paris, April 2025. Astris advises Technique Solaire in the successful raise of a €302m landmark pan-European greenfield financing.

Astris Finance congratulates Technique Solaire, a leading independent renewable energy producer, for the raise of a €302m landmark pan-European greenfield long-term debt facility to finance the construction of a portfolio of 341 assets, with an aggregate capacity of 240 MW across France, Spain and Netherlands. The innovative asset mix in the portfolio - multiple jurisdictions, PV technologies, and offtake strategies - attracted very strong market support. This financing is the largest secured by Technique Solaire to date.

The portfolio illustrates Technique Solaire’s unique multi-product expertise in the PV field: agricultural sheds, climate shelters, pheasant breeding rooftops, greenhouses, ground-based and floating projects. A majority of the portfolio’s revenue stream comes from regulated tariffs. The portfolio will be commissioned between 2025 and 2027.

The transaction was arranged by Société Générale, Crédit Agricole Transitions et Energies, and BPI France.
 
Astris acted as exclusive financial advisor to Technique Solaire, achieving a very tight timeline of less than 4 months from structuring to financial close. This transaction is another landmark financing credential for Astris in the European solar PV markets – our 20th in the past 24 months.

April 2025 - Astris Finance Congratulates its Client GreenYellow for the Closing of a Capital Raise for its Asian Business

Paris, April 2025 - Astris Finance congratulates its client GreenYellow, a global leader in distributed energy solutions, for the closing of a capital raise for its Asia business whereby STOA, a French impact investor specializing in infrastructure and renewable energy, and DEG, the German development finance institution, will commit equity capital to dynamic yieldco structure called Yoko.

The Yoko structure, seeded with 189MWp of rooftop solar generation assets located in Thailand and Vietnam, will enable GreenYellow Asia to grow up to 400MWp by the end of 2026, through an elaborate capital injection and reinvestment mechanism.

The development of rooftop solar generation will help Southeast Asian nations on their path towards net-zero. The economies of Thailand and Vietnam are very sensitive to the all-in cost of electricity, and distributed generation is a cost-effective option to reduce carbon emissions.

Nicolas Le Clerc, co-head of Asia-Pacific at Astris Finance, commented: “Project Yoko was a great opportunity for us to take a sophisticated capital deployment scheme which we helped develop in European markets, and adapt it to developing Asia. Even though financial markets have been choppy lately, the commitment and focus of all the parties involved ensured a timely closing.”

Frank Gluck, GreenYellow Asia Pacific CEO, added: “This partnership marks a major milestone for GreenYellow in Asia. With the support of STOA and DEG, we are now ideally positioned to accelerate our growth across the region, bringing clean, reliable energy to more businesses. The Yoko structure gives us the flexibility and firepower to scale sustainably and strategically.”

Fabrice Henry, Astris group CEO, said: “The Yoko transaction further strengthens our relationship with global asset manager Ardian, the controlling shareholder of GreenYellow. It also illustrates the added value a global advisory business such as Astris can create by disseminating best practices across markets. We are happy to be able to support our clients on their growth plans in Southeast Asia with the level of commitment they know us for globally.”

Astris acted as exclusive financial advisor to GreenYellow. Over the past three years, Astris has advised on over ten renewable energy transactions across Southeast Asia – in Vietnam, Thailand, Indonesia and the Philippines.

April 2025 - Astris congratulates its client METLEN on the announcement of the agreement to sell a portfolio of renewable energy assets in Chile

Washington D.C., April 2025 – Astris Finance congratulates its client, METLEN Energy and Metals S.A. (“METLEN”), the Athens-based global renewable developer and EPC contractor, on the announcement of the agreement to sell a portfolio of renewable energy assets in Chile.

METLEN and a wholly owned subsidiary of Glenfarne Asset Company, LLC (“Glenfarne”) have entered into an agreement for Glenfarne to acquire METLEN’s portfolio of solar and Battery Energy Storage System (“BESS”) assets.

The transaction involves operational solar projects with total capacity of 588 MW, combined with co-located BESS facilities with total capacity of 1,610 GWh. Construction for the BESS facilities is ongoing and expected to be completed within the year.

Astris Finance acted as exclusive sell-side advisor to METLEN with respect to the portfolio. Astris assisted METLEN throughout the sales process, which ultimately culminated in the transaction with Glenfarne.  The closing of the transaction is planned to occur when the BESS becomes operational and is subject to the regulatory approvals and fulfillment of customary conditions.

Tobey Collins, Head of the Americas for Astris, commented: “We are delighted to have assisted METLEN in this important asset rotation transaction. The METLEN engagement further showcases Astris’ transactional presence in Chile, in the electricity sector in particular.”

As BESS becomes an integral part of energy markets, this landmark transaction is a testimony to Astris’s positioning as market leader in advisory focused on technologically-diversified renewable platforms across the Americas region. 

February 2025 - Astris Finance Congratulates its Client Scatec for the Closing of Sale of a 39MW windfarm in Vietnam

Singapore, February 2025 - Scatec ASA, the southeast Asian arm of Norway-based, global renewable developer Scatec, completed the sale of its 100 percent stake in the 39.5-megawatt (MW) Dam Nai wind farm and the associated operating company in Vietnam to Sustainable Asia Renewable Assets, a utility-scale renewable energy platform of the SUSI Asia Energy Transition Fund.

The Dam Nai wind project is located in the Ninh Tuan province and consists of 15 Siemens wind turbine generators with a total capacity of 39.5 MW.  Dam Nai Wind is one of the very first wind energy projects developed and built in Vietnam in accordance with best international ESG and technical standards.

Astris Finance was selected by Scatec as exclusive sell-side adviser in August 2023. Back in 2018, Astris Finance had advised the original developers and sponsors of the Dam Nai Wind Joint Stock Company, arranging a first-of-its-kind, 17-year, non-recourse debt financing from Vietnamese banks, a first-of-a-kind for a Vietnamese project with an EVN PPA.

Hugo Virag, Managing Director and co-head of Astris Asia Pacific, said: “The Dam Nai wind project is a landmark asset in the Vietnamese renewable market which Astris has been very active since 2018 when we arranged Dam Nai's greenfield debt financing. We are very pleased with the outcome of this 12-month sale process from the launch of the binding offer phase, a short timeframe for an M&A transaction in a challenging environment for operating renewable assets in Vietnam. We are thankful for Scatec’s trust on this deal, and we wish the Dam Nai wind project, its new owner - the renewable energy platform of SUSI Asia Energy Transition Fund - and its operating team a long and happy life!”

February 2025 - Astris Finance Advises on the Sale of Project El Fenazar, a 30 MW Solar PV Asset in Spain

Madrid, February 2025 – Astris Finance is pleased to announce the successful closing of the project El Fenazar, a 30 MW solar photovoltaic (PV) asset located in Murcia, Spain, which has been acquired by GS Inima, a global leader in environmental services specializing in the integral water and energy cycle. The transaction was completed in December 2024.

The project, developed to Ready-to-Build (RtB) status, will integrate bifacial modules and solar tracking technology, optimizing energy generation to reach an expected 60,000 MWh per year, equivalent to the consumption of more than 5,500 households. With all permits obtained, construction is set to commence in Q4 2025 and is expected to be completed within two years, with commissioning planned for 2027.

After a period of slower development due to permitting challenges, low energy prices, and high financing costs, Spain’s renewable energy sector is showing signs of recovery. Investor appetite is strengthening, particularly for high-quality, shovel-ready assets, as European decarbonization targets and improving market conditions help restore confidence. The increasing availability of financing for mature projects and a renewed focus on grid capacity improvements are further supporting this positive momentum.

Astris Finance acted as exclusive financial advisor to the seller, a leading European private equity firm specialized in the energy transition, with over 25 years of experience in the renewable energy sector and a strong presence across Europe with more than €6.3 billion of assets under management. This transaction further strengthens Astris Finance’s track record in Spain’s renewable energy sector, where the firm is currently advising on 8 equity and financing transactions.

January 2025 - Astris Congratulates its Client Greenalia for the Closing of a €97m Renewable Energy Financing in Spain

Madrid, January 2025 – We are pleased to announce the successful closing of the Greenalia Power Spain financing, in which we assisted Greenalia S.A., a 100% renewable energy producer, in securing €97 million funding from Macquarie Asset Management. The transaction confirms Greenalia's strong commitment to clean energy and reinforces its position as a leading independent power producer in the renewable sector.

This structured corporate financing will contribute to the expansion and optimization of Greenalia’s current renewable energy development pipeline of 15.5GW, enabling further investments in onshore wind, biomass, solar photovoltaïc, and storage projects.

The funding is provided by Macquarie Asset Management and its structure aligns with Greenalia’s strategy of leveraging long-term, sustainable capital to accelerate the development of its pipeline across key markets.

Astris acted as exclusive financial advisor to Greenalia. This closing underscores our ability to craft tailor-made financing solutions for the leading renewable energy developers and confirms Astris's expertise in structuring corporate financings and optimized capital structures.

December 2024 - Astris Congratulates its Client TSE for the Closing of a 100m€ Greenfield Solar PV Financing in France

Paris, December 2024 - We are pleased to announce the closing of the Aphaia Finance 2 transaction in which we assisted TSE, a leading French solar developer, in the 100m€ financing of a 120 MW portfolio of seven ground-mounted PV assets located in France.

This transaction follows the successful Aphaia Finance 1 closing completed in May 2024, and is the second financing for the 1.6 GW Aphaia platform. TSE launched the Aphaia platform in 2021 – with Astris acting as financial advisor – as a strategic partnership with Banques des Territoires and Credit Mutuel Impact, to finance the growth of TSE’s ground-mounted solar PV activities.

The Aphaia Finance 2 portfolio revenues come from a combination of  20-year Contracts for Difference (“CfD”) with EDF and a corporate PPAs secured with Albéa, a global leader in perfume and cosmetic packaging.

The transaction was arranged by Caisse d’Epargne CEPAC and Crédit Agricole Transitions & Energies.

Astris acted as exclusive financial advisor to TSE. This financing is another milestone in our longstanding collaboration with TSE and an additional greenfield solar PV financing credential in Europe.

December 2024 - Astris Finance Congratulates its Client CVE Biogaz for the Closing of a EUR 70m Capital Raise

Paris, December 2024 - Astris Finance congratulates its client CVE Biogaz, a subsidiary of the independent renewable energy producer CVE and a major player in the recovery of organic matter and anaerobic digestion in France, for the closing of a capital raise whereby BNP Paribas Asset Management's Low Carbon Transition Infrastructure Equity Fund (“BNPP AM”) will invest EUR 70m. It will enable CVE Biogaz to accelerate its development and strengthen its position in the biogas market in Europe.

The investment by BNPP AM follows that of Swen Capital Partners, which had injected EUR 40m in CVE Biogaz between 2021 and 2023. It underlines the confidence of institutional investors in the potential of biogas to accelerate the energy transition and strengthen the circular economy.

Hervé Lucas, co-founder of CVE stated: “This transaction, achieved with the very valuable support of Astris, will allow us to continue our development. We want to actively contribute to the ambitions of the French biogas sector, which aims at increasing the share of renewable and low-carbon gas to 20% of our national consumption by 2030, from 2% today”.

Arnaud Germain, who heads Astris’s operations in Europe, said: “We want to thank CVE for their trust in Astris Finance’s capacity to help them close such an important transaction for the development plan of CVE Biogaz. We are very proud to have successfully advised to design and setup this capital raise with a strong partner such as BNPP AM.”
 
Astris acted as exclusive financial advisor to CVE Biogaz. This landmark transaction further reinforces the relationship between Astris and CVE, and is also a testimony to Astris’s ability to work on a wide array of sectors related to energy transition.

December 2024 - Astris Finance congratulates its client Enfinity Global on the successful financing of a 147 MW solar portfolio in Italy

Madrid, December 2024 - We are very pleased to announce a new closing with Enfinity Global, the US-based leading renewable energy and sustainability services company, for the construction of a 147 MWp solar portfolio in Italy.

The portfolio is made of three projects located in the Lazio region. The senior debt, provided by Rabobank and ING Italia, has been raised at AssetCo level and totals EUR 165m, including ancillary facilities.

Astris acted as exclusive financial advisor to Enfinity Global. This transaction is our fourth collaboration with Enfinity Global in Italy, which further strengthens Astris's advisory franchise in the Italian renewable market.

We would like to thank all the parties involved and particularly our client Enfinity Global for their trust in Astris Finance.

November 2024 - Astris congratulates its client VALOREM for the successful EUR 200m refinancing of a 143MW portfolio located in France

Paris, November 2024 – Astris Finance congratulates VALOREM Group (“VALOREM”), a leading independent renewable energy producer, for the refinancing of a portfolio of solar and wind assets, totaling an installed capacity of 143 MW (the “Portfolio”).

The Portfolio consists of 12 photovoltaic solar farms and 8 onshore wind farms, spread over the whole of mainland France, with a concentration of plants in the north and south of the country. In operation for approximately three years, these assets benefit from significant operational track-record and production potential for many years to come.

This refinancing, structured around a new senior debt of nearly €200 million, allows VALOREM to consolidate its financial structure, repay the loans raised following the CRE solar tenders and free up resources for its ambitious development.

The portfolio revenues are supported by long term Contracts for Difference (“CfD”) with EDF for the wind assets and some PV assets, while the rest of solar PV assets have secured corporate PPAs.

The transaction was arranged by Société Générale, the Crédit Agricole Group (Crédit Agricole CIB, Crédit Agricole Transitions Et Energies and Crédit Agricole Languedoc), BPCE Energeco, Auxifip, Crédit Lyonnais and Natixis.

Astris acted as exclusive financial advisor to VALOREM. This refinancing comes on the heels of the €550m capital operation closed by VALOREM in October 2024 on which Astris acted as co-advisor. It is an additional milestone in our longstanding collaboration with VALOREM and another refinancing credential in the European renewable energy markets.

October 2024 - Astris congratulates its client TSE for successfully raising a 65m€ financing from Eiffel Investment Group

Paris, October 2024 - Astris Finance congratulates its client TSE for successfully raising a 65m€ financing from Eiffel Investment Group.

After raising €130 million in equity from Eurazeo, Crédit Agricole and Bpifrance in 2023, TSE, a leading French solar energy producer and developer, has further strengthened its financing structure by issuing a €65 million bond subscribed by a fund managed by the Eiffel Investment Group.

Bond proceeds will finance the investments made by TSE in new solar photovoltaic power plants, for a cumulative capacity of around 800 MW -- the annual consumption of 450,000 inhabitants.

Astris acted as exclusive financial advisor to TSE on three financing transactions this year. This is a testimony to Astris’s premier position in the European solar PV financing sector and another milestone in our fruitful collaboration with TSE.