NESF has extended one of its revolving credit facilities giving it £48m of additional lending. The fund has created several new areas for potential asset growth including co-investment alongside NPIII in international projects, stand alone battery projects with Eelpower and co-located battery projects at its existing solar sites. The new facility gives the fund the firepower to capture these opportunities.

04 Jul 2022
NextEnergy Solar Fund - Facility Extension Delivers Firepower

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NextEnergy Solar Fund - Facility Extension Delivers Firepower
NextEnergy Solar Fund Ltd (NESF:LON) | 73.3 -0.1 (-0.3%) | Mkt Cap: 421.6m
- Published:
04 Jul 2022 -
Author:
Adam Forsyth -
Pages:
3 -
NESF has extended one of its revolving credit facilities giving it £48m of additional lending. The fund has created several new areas for potential asset growth including co-investment alongside NPIII in international projects, stand alone battery projects with Eelpower and co-located battery projects at its existing solar sites. The new facility gives the fund the firepower to capture these opportunities.