{"id":16673,"date":"2023-06-27T13:25:00","date_gmt":"2023-06-27T18:25:00","guid":{"rendered":"https:\/\/recurrentenergy.com\/recurrent-energy-obtains-e150-million-to-fund-transition-and-growth\/"},"modified":"2023-06-27T13:25:00","modified_gmt":"2023-06-27T17:25:00","slug":"recurrent-energy-obtains-e150-million-to-fund-transition-and-growth","status":"publish","type":"post","link":"https:\/\/recurrentenergy.com\/pl\/recurrent-energy-obtains-e150-million-to-fund-transition-and-growth\/","title":{"rendered":"Recurrent Energy\u00a0obtains \u20ac150 million to fund transition and growth"},"content":{"rendered":"\n<p>(PV Tech) Solar and energy storage project development platform Recurrent Energy has secured a \u20ac150 million (US$164.1 million) multicurrency facility with Santander Corporate &amp; Investment Banking (Santander CIB) to support its transition to become an independent power producer (IPP).<\/p>\n\n\n\n<p>According to Recurrent Energy, the facility consisted of a \u20ac30 million plus US$20 million term loan and a US$110.5 million revolving credit facility with a total duration of three years. The facility will support its transition to an IPP as well as its growth and strategy to retain greater asset ownership in select markets. The transaction was the fourth corporate facility between Recurrent Energy and Santander CIB over the past three years.<\/p>\n\n\n\n<p>Additionally, Recurrent Energy can leverage the facility to accelerate its transition towards a develop-to-own model in its core markets in North America and Europe.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.pv-tech.org\/recurrent-energy-obtains-e150-million-to-fund-transition-and-growth\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(PV Tech) Solar and energy storage project development platform Recurrent Energy has secured a \u20ac150 million (US$164.1 million) multicurrency facility with Santander Corporate &amp; Investment Banking (Santander CIB) to support its transition to become an independent power producer (IPP). According to Recurrent Energy, the facility consisted of a \u20ac30 million plus US$20 million term loan&hellip;<a class=\"button moretag\" href=\"https:\/\/recurrentenergy.com\/pl\/recurrent-energy-obtains-e150-million-to-fund-transition-and-growth\/\">Read More<\/a><\/p>\n","protected":false},"author":20,"featured_media":15249,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[488],"tags":[],"class_list":["post-16673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-pl"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Recurrent Energy\u00a0obtains \u20ac150 million to fund transition and growth - Recurrent Energy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/recurrentenergy.com\/recurrent-energy-obtains-e150-million-to-fund-transition-and-growth\/\" \/>\n<meta property=\"og:locale\" content=\"pl_PL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Recurrent Energy\u00a0obtains \u20ac150 million to fund transition and growth - Recurrent Energy\" \/>\n<meta property=\"og:description\" content=\"(PV Tech) Solar and energy storage project development platform Recurrent Energy has secured a \u20ac150 million (US$164.1 million) multicurrency facility with Santander Corporate &amp; Investment Banking (Santander CIB) to support its transition to become an independent power producer (IPP). According to Recurrent Energy, the facility consisted of a \u20ac30 million plus US$20 million term loan&hellip;Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/recurrentenergy.com\/recurrent-energy-obtains-e150-million-to-fund-transition-and-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"Recurrent Energy\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-27T18:25:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/recurrentenergy.com\/wp-content\/uploads\/2023\/06\/Recurrent-Energy.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"louis@innovantpr.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Napisane przez\" \/>\n\t<meta name=\"twitter:data1\" content=\"louis@innovantpr.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Szacowany czas czytania\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minuta\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/recurrentenergy.com\/recurrent-energy-obtains-e150-million-to-fund-transition-and-growth\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/recurrentenergy.com\/recurrent-energy-obtains-e150-million-to-fund-transition-and-growth\/\"},\"author\":{\"name\":\"louis@innovantpr.com\",\"@id\":\"https:\/\/recurrentenergy.com\/#\/schema\/person\/06eba72a0c132591331ca43ed9b54f47\"},\"headline\":\"Recurrent Energy\u00a0obtains \u20ac150 million to fund transition and growth\",\"datePublished\":\"2023-06-27T18:25:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/recurrentenergy.com\/recurrent-energy-obtains-e150-million-to-fund-transition-and-growth\/\"},\"wordCount\":144,\"publisher\":{\"@id\":\"https:\/\/recurrentenergy.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/recurrentenergy.com\/recurrent-energy-obtains-e150-million-to-fund-transition-and-growth\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/recurrentenergy.com\/wp-content\/uploads\/2023\/06\/Recurrent-Energy.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"pl-PL\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/recurrentenergy.com\/recurrent-energy-obtains-e150-million-to-fund-transition-and-growth\/\",\"url\":\"https:\/\/recurrentenergy.com\/recurrent-energy-obtains-e150-million-to-fund-transition-and-growth\/\",\"name\":\"Recurrent Energy\u00a0obtains \u20ac150 million to fund transition and growth - 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