Econergy and Rivage Investment agree €150 million debt financing to progress ambitious pipeline of European renewable energy projects

February 14, 2024

Econergy and Rivage Investment agree €150 million debt financing to progress ambitious pipeline of European renewable energy projects

Econergy, a publicly-traded Independent Power Producer (IPP) (TASE: ECNR), and Rivage Investment have today announced agreement on a €150 million debt financing that will support the delivery of an ambitious pipeline of European PV, wind, and storage projects. It will also support the ongoing development and construction in Econergy’s primary target markets of Italy, Poland, the UK, and Romania.

The agreement for the new injection of funds has been signed between Rivage Investment, an independent asset management company specialising in the financing of sustainable infrastructure, and Econergy International Limited UK, a subsidiary of Econergy Renewable Energy Ltd.

 

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