The refinancing of a £135m revolving credit facility and the extension of a similar £70m facility gives NESF firepower as development opportunities for new solar are especially attractive thanks to lower module prices in Europe. They give the fund key financial flexibility at a critical time as it pursues its capital recycling programme.
16 Apr 2024
NextEnergy Solar Fund - Attractive Refinancing
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NextEnergy Solar Fund - Attractive Refinancing
NextEnergy Solar Fund Ltd (NESF:LON) | 74.0 -0.7 (-1.2%) | Mkt Cap: 437.5m
- Published:
16 Apr 2024 -
Author:
Adam Forsyth -
Pages:
3
The refinancing of a £135m revolving credit facility and the extension of a similar £70m facility gives NESF firepower as development opportunities for new solar are especially attractive thanks to lower module prices in Europe. They give the fund key financial flexibility at a critical time as it pursues its capital recycling programme.