In Portugal, initially set at 350 million euros, Greenvolt Group has successfully upsized its syndicated financing to a total of 400 million euros, following strong interest from the financial community. This increase was supported by two additional banks, including a new corporate lending partner, bringing the total number of international lenders in the facility to eight.
Initially, the syndicate was composed of one institutional investor and five banks, with four new financial institutions joining Greenvolt Group as corporate-level partners.
The reinforcement of this syndicated financing, which includes a three-year bullet, is subject to terms and conditions, including security, customary in similar operations.
This financing, obtained through the syndicated loan, strengthens the company’s strategy of building long-term relationships with key financial institutions as it expands its operations in the renewable energy sector. This demonstrates continued confidence in Greenvolt’s business plan, and the expanded banking pool strengthens Greenvolt’s ability to support its next phase of growth.
Tags: Greenvolt, Portugal
Category: Fuels
