PV Roof Systems Portfolio: Capcora Organizes Bridge Financing Facility for Vodasun
Frankfurt, Germany - The consulting firm Capcora, spezialized on real assets, arranged a bridge financing facility of EUR 5.6 million for the Munich-based Vodasun Group.
The bridge facility, which also includes a VAT tranche, ensures that the commissioning of the entire portfolio can take place as scheduled. In addition, Vodasun can significantly increase the annual business volume with the additional funds.
The portfolio consists of photovoltaic roof-top systems in the federal states of North Rhine-Westphalia, Thuringia, Mecklenburg-Vorpommern and Brandenburg. The individual projects each have a capacity between 188 kWp and 750 kWp. All plants are scheduled to be put into operation in August and September 2019 and will benefit from a fixed feed-in tariff of 8.50 EUR cents per kWh on average over a period of 20 years. After grid connection of the plants, it is planned to sell the projects in a bundle to an end investor.
Source: IWR Online, 30 Jul 2019