Astris Finance is pleased to announce the successful refinancing of a portfolio of operating solar plants developped and owned by Photosol in France. This is the fourth portfolio refinancing transaction closed by Astris in the past six months in the renewable sector
March 2016 - Astris advises Sonnedix on two portfolio refinancings and successfully closes some EUR 300m of financing for the group
March 2016 - Astris completes 12MW Wind Permit Sale in France
Astris Finance advised Eco Delta, a French wind developer, in connection with the straight sale of a 12 MW wind permit to the German closed end fund Leonidas. Astris Finance’s scope encompassed the market consultation, the investor selection, the detailed negotiation of the SPA terms and conditions and the closing process. In addition, Astris Finance was deeply involved in the finalization of the permitting process and was in charge of coordinating the vendor due diligence process.
Astris is currently mandated on similar wind transactions in Europe and Africa.