Stockholm -based solar developer Elite Eurazoki’s 100 MW Solar Park, has secured $ 46 million with senior debt financing to kickstart its first large -scale Finnish solar project.
This milestone comes as part of the greater facility agreement with ABN Amro and Serbs, designed for the funds of 300 MW solar park across Finland.
Warren CampbellAlite CEO says: “We appreciate ABN Amro and Seb for their leadership in the Green Transition of the Green Transition depicted by this promise for the big solar development of Finland. We are expected to strengthen our existing relationship with SEB and establish a view with ABN Amro, especially in the light of future financing, in the light of the need to create a broad pipeline of 800 MW+ of Finnish solar projects.The “
Elite Nordic region is making its renewable energy scales the portfolio, aiming to accelerate the transfer of Europe to the clear energy of Europe. The company established in the 21st (then ANEO Solutions), itself as a leading independent power generator, focusing on its own corporate power purchase agreement (PPA) and large -scale solar development.
The deal will serve as a replicated structure, which will enable it to finance more than 200 MWl projects from its Finnish pipeline.
Total, the company is about to secure more than $ 1 million in debt financing. The finland installed at the end of the solar power 2024 stands 1.2 GHz, according to the Finnish Solar Energy Association, this expansion can increase the country’s solar power infrastructure by about 25%.
The financing was followed by the $ 1 million senior Debt benefit of the $ 1 million protected with Rabobank in September, for the development of 220 MWl of small to medium -sized solar gardens across Sweden.
Lisa McDarmotManaging Director, Energy Transition, Project and Infrastructure Finance, said: “Finland is committed to EU’s power and climate goals and reduces its dependence on imported fossil fuels, as proved by its optimal renewable energy policies and incentives. Solar gardens in Alight have a commendable track record in building and operating, and we are proud to support this company in a mission to accelerate the transformation of more sustainable future.“
With this latest financing, Alite its ambitious expansion strategy is moving forward and beyond that.
Toumas SalonenThe head of the project and infrastructure Finland in SEB says: “In SEB, we have recognized the urgent of the green transition and enthusiasts about financing projects that accelerate it. Alite’s 300+ MW Portfolio Back will be nothing less than converting for the country’s energy landscapeThe “
By securing this big financing agreement, Alite Finland’s renewable power plays a key role in the future formation, helping the country meet its stability goals while expanding the Nordic solar market.
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