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POWER: Developer Seeks €110mn Loan for 200MW Italian PV Build

POWER

Developer Ellomay Capital is planning to facilitate the build of a 198MW Italian PV portfolio, seeking a €110mn loan for the development from an unnamed European investor, it said, cited by RenewablesNow.

  • The projects are in the operation, under construction or ready-to-build phases.
  • The company has signed a commitment letter and term sheet with the investor, if agreed, the loan will be drawn down in several instalments and will have a final payment date of 23 years.
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