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Article: AES Solar Energy Closes on [euro]25 Million Non-Recourse Financing for Its First Photovoltaic Project in Greece.
- Article from:
- Business Wire
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ARLINGTON, Va. -- AES Solar Energy Ltd (AES Solar), a joint venture between The AES Corporation and Riverstone Holdings LLC, announced that on October 20, 2009 one of its subsidiaries closed a [euro]25 million non-recourse debt facility for the Iktinos project, a 4.3 MW photovoltaic (PV) facility located in Florina, Greece. The loan was extended by Landesbank Baden Wurttemberg (LBBW) of Germany in several tranches including an 18 year term tranche and three shorter term tranches. The financing has been syndicated to one other bank.
When completed, the project will be the largest solar PV installation in Greece and will provide enough renewable electricity to ...
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Article: AES Solar Energy Closes on Financing for PV ...
Energy Resource;
January 7, 2009 ;
557 words
... ... RESOURCE-7 January 2009-AES Solar Energy Closes on Financing ... www.jeraone.com AES Solar Energy Ltd., a joint ... Corporation and Riverstone Holdings LLC, announced that on December ... Formed in March 2008, AES Solar develops, owns and operates ...
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