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Novar Secures €160 Million Financing to Develop 1.4 GW of Renewable Assets

Novar has secured €160 million HoldCo financing from Copenhagen Infrastructure Partners, with an option raising total capacity to €260 million, to accelerate its renewable energy asset portfolio.

Novar Secures €160 Million Financing to Develop 1.4 GW of Renewable Assets

CountriesDanemark
CompaniesCopenhagen Infrastructure Partners, Orsted, Novar, CVC DIF
ThemeInvestissements & Transactions, Financement de projet

Novar has finalized a €160 million HoldCo financing agreement. Copenhagen Infrastructure Partners (CIP) provided the entire loan through its Green Credit Funds. The agreement includes an option to mobilize up to an additional €100 million, bringing the total available funding to €260 million.

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