Profil:
mBank SAR.Power PV secures PLN 321 mln loan agreement for construction of 139 MWp PV power plant
Polish photovoltaic group R.Power has a loan agreement with listed lenders BNP Paribas Bank Polska and mBank for PLN 321 million (EUR 75.2 mln) to build photovoltaic power plants with a total capacity of 139 MWp, R.Power said in a press release.
As stated, the loan agreement includes funds for the construction of photovoltaic power plants, ancillary financing and a guarantee line to secure the Power Purchase Agreement (PPA) performance obligations.
Both BNP Paribas BP and mBank have financed other photovoltaic projects of the company in recent years.
mcb/ ao/ han/