Green Forum • 31 July, 2024 at 9:00 AM
Vista Bank (Romania) and Optima Bank (Greece) arranged a syndicated loan of €61 million for Premier Energy Group.
The facility was arranged by Vista Bank and Optima Bank, both acting as joint Lenders, while Vista Bank also acted as Mandated Lead Arranger, Facility Agent, Security Agent, and Account Bank. The facility of €61 million will be used by Premier Renewable Invest Co. SRL to finance the acquisition of the shares in Eolica Dobrogea One SA member of Iberdrola Group.
The target is to operate a wind park with 40 turbines and a total capacity of 80 MW.
Premier Renewable Invest Co. SRL is part of the Premier Energy Group, one of the fastest-growing energy infrastructure groups in Southeastern Europe, operating three business segments: (i) production, management, and supply of renewable energy together with its subsidiary Alive Capital, (ii) production, supply, and distribution of electricity, and (iii) distribution and supply of natural gas. Since May 2024, Premier Energy PLC has been listed in the main market of the Bucharest Stock Exchange.