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Finances: Capcora Organizes Bridge Financing in Poland

Frankfurt, Germany - Solar investor Claritas Poland Energy BV secured a bridge financing facility for a bundle of 13 projects located in Poland. The consulting firm Capcora, specialized on real assets, has been mandated as a financial advisor with the structuring and debt sourcing.

The portfolio consists of 13 photovoltaic ground mounted systems with a capacity up to 1 MW each. All plants are already grid connected and in operation. They will benefit from a 15-year “contract for difference” which will secure a fixed feed-in-tariff for each produced kWh by paying the difference to merchant pricing.

The bridge facility is set up as a bearer bond and issued by a Dutch subsidiary of Claritas Investments BV. As security the Polish SPVs are pledged.



Source: IWR Online, 29 Aug 2019