Astris Finance is pleased to announce the successful closing of a € 67 m facility to refinance a portfolio of operating wind assets owned by EOS (the “Sponsor”) and located across France (the “Portfolio”).
The Portfolio has a total installed capacity of 101 MW, spread over 9 plants. The plants were initially financed individually through non-recourse project finance facilities and were completed between 2006 and 2010. The Sponsor took advantage of the favorable market conditions and of the Portfolio’s operational track record to refinance the Portfolio at attractive terms. The Refinancing allows the Sponsor to extend the financing maturity, lower debt service payments and reduce financing costs.
The € 67 m facility was provided by CIC and BPI France. Astris Finance acted as exclusive financial advisor to the Sponsor in the structuring and raising of the € 67 m facility.