Gresham House secures £155 million increase in debt facility
Gresham House Energy Storage Fund has secured £155 million incremental term debt via an Accordion arrangement contemplated under an existing senior debt facility.
Gresham House Energy Storage Fund has secured £155 million incremental term debt via an Accordion arrangement contemplated under an existing senior debt facility.
NextEnergy Solar Fund has extended its existing £70 million revolving credit facility (RCF) with Santander UK.
Battery energy storage company Field has secured £77 million in funding as it looks to continue the rapid expansion of its portfolio.
Harmony Energy Income Trust plc has secured a £60 million debt facility from NatWest to support the acquisition of the company’s first pipeline project.
Battery energy storage company Field is to build a portfolio of four assets across the UK after securing financing from investment firm Triple Point Energy Efficiency Infrastructure Company (TEEC).
New debt financing of £275 million with a 13-year tenor is being provided by Macquarie for the refinancing of a UK solar portfolio totaling 365MW.
Fotowatio Renewable Ventures (FRV) has successfully closed financing for a non-contracted revenue model for its 7.5MW/15MWh Holes Bay battery project.
Pacific Green Technologies is to finance the construction of its 99.8MW battery energy storage system with £23 million of debt financing.
Highfield Solar has secured one of the first large-scale solar construction financing deals in Ireland for the development of two sites totalling 282MWp.
Bluefield Solar Income Fund (BSIF) is looking to raise £45 million through a share placing to repay its drawn revolving credit facility, opening up its acquisition options.
Gresham House Energy Storage Fund has raised approximately £15 million by issuing a mix of short and medium-term secured power bonds.
Gresham House has been exploring the possibility of introducing debt finance into the company for a “considerable period of time”, with the flexibility benefits pushing it towards a private offer.