Novar Secures €160 Million to Reach 1.4 GW Renewable Capacity by 2027
Novar has secured a €160 million financing agreement with Copenhagen Infrastructure Partners' green credit funds, bringing total available financing capacity to €260 million to accelerate its renewable energy development.
| Countries | Danemark |
|---|---|
| Companies | Novar, Copenhagen Infrastructure Partners, CVC DIF, Orsted, DNB Carnegie |
| Theme | Investissements & Transactions, Financement de projet |
Novar has secured a HoldCo financing of €160 million, provided entirely by Copenhagen Infrastructure Partners (CIP) through its Green Credit Funds. The loan agreement includes an option for an additional facility of up to €100 million, bringing total available financing to €260 million. This structure is intended to support the development of new renewable energy projects by the company.
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