European Energy’s Post

In partnership with SEB and DNB we are thrilled to announce a novel five-year EUR 150M Green Portfolio Financing Facility. This new facility is a paradigm shift within construction financing since it will enable funding to a group of yet-to-be-determined projects — as opposed to the usual, often cumbersome, project-by-project process.   🔹 Key Features: ·      Portfolio Financing for multiple yet unnamed projects ·      Revolving funds for continuous investment ·      Efficient disbursement process for project funding based on pre-defined criteria ·      Risk-spreading structure 🗨️ - It is a privilege to support and work with European Energy, and it is of the highest importance for SEB to facilitate an acceleration of the development and realisation of additional sources of renewable energy, says Michael Jonsén, Head of Project & Infrastructure Finance at SEB Denmark. 🗨️ - We are delighted to have supported one of our key clients in the renewables sector with this highly bespoke financing solution...as a pioneer in many areas of its business, it is not surprising that European Energy is one of the first renewable companies to make this leapfrog on project financing, too, says Kristi Birkeland Sørensen, Global Head, DNB Renewables & Clean Tech.   🌱 Join us in embracing this new chapter in green construction financing, reaffirming our dedication to a sustainable future. #RenewableEnergy #GreenFinancing #Innovation