22nd Apr 2016 07:40
LONDON (Alliance News) - Renewables Infrastructure Group Ltd on Friday said it has renewed its revolving acquisition facility with Royal Bank of Scotland PLC and National Australia Bank Ltd.
The renewable infrastructure investor said the three-year, GBP150.0 million multi-currency facility carries a 205 basis point margin over Libor.
The facility has been in place since 2014 and has been used to back the acquisition of 29 projects, the company said.
Renewables Infrastructure Group shares were down 0.3% to 103.60 pence Friday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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