The recent refinancing of a portfolio of solar power plants
in France is the latest in a wider trend, as the European
market makes the most of record-low interest rates.
Made up of 15 French photovoltaic (PV) power plants, the
portfolio required an innovative structure that would suit each
project within. The deal consisted of both project finance and
acquisition finance sub-structures, as well as two dedicated
tranches for institutional investors.
"This refinancing really follows a wider trend
we’ve seen, where owners are taking advantage of
the current market environment and improving their terms," said
François April, partner...