8th Jul 2016 07:09
LONDON (Alliance News) - NextEnergy Solar Fund Ltd on Friday said it has refinanced its finance facility with NIBC Bank NV, a Dutch corporate lender.
NextEnergy said it has secured a new GBP21.7 million loan from NIBC which will replace the previous GBP22.7 million loan which had been used to acquire the Cock Hill and Llwyndu solar projects in July 2015.
The facility has been extended for three years and will now mature in July 2019.
NextEnergy Solar Fund shares were untraded early Friday, having last traded at 100.50 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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