Amplio Energy

 

Italy

 

Amplio Energy and LumX, leading European investment funds in the renewable energy sector, reached financial closing of a refinancing operation for a 40 photovoltaic plants portfolio in different Italian regions, with a total capacity of about 31 MW.

 

Project
Amplio Energy and LumX, leading European investment funds in the renewable energy sector, reached financial closing of a refinancing operation for a 40 photovoltaic plants portfolio in different Italian regions, with a total capacity of about 31 MW. The operation consists of a variable rate financing with a value equal to 70 M € subscribed by two primary European investors, and a term loan of € 17 million subscribed by UniCredit, which also acted as MLA, placement agent, hedging bank and facility agent.

 

Performed activity
As Technical Advisor, EOS Consulting assisted UniCredit in structuring the loan, performing the Technical Due Diligence on all the portfolio’s facilities. The Consultant’s analysis had the main objective of identifying the assumptions of production, revenues and operating costs for the base case definition, as well as identifying – also in favor of other investors – any technical risks potentially impacting the plant’s operations, tracking its mitigants wherever possible. The activity was also carried out through dedicated inspections on sites, and supported the investigation of the investors until the signing of the loans.