EQS-News: ENCAVIS AG
/ Key word(s): Financing/Expansion
Corporate News
ENCAVIS secures EUR 300 million revolving credit facility to finance its Accelerated Growth Strategy 2027 Hamburg, 26th June 2024 – MDAX-listed wind and solar park operator Encavis AG (Prime Standard; ISIN: DE0006095003, ticker symbol: ECV) has signed a syndicated revolving credit facility in the amount of EUR 300 million. This significantly oversubscribed short-term credit facility until 30th April 2025 serves to finance the acquisition of wind and solar projects under the Accelerated Growth Strategy 2027.
About Encavis: Within the Encavis Group, Encavis Asset Management AG offers fund services to institutional investors. Another Group member company is Stern Energy S.p.A., based in Parma, Italy, a specialised provider of technical services for the installation, operation, maintenance, revamping and repowering of photovoltaic systems across Europe. ENCAVIS is a signatory of the UN Global Compact as well as of the UN PRI network. Encavis AG’s environmental, social and governance performance has been awarded by two of the world’s leading ESG rating agencies. MSCI ESG Ratings awarded the corporate ESG performance with their “AA” level and ISS ESG with their “Prime” label (A-). Additional information can be found on www.encavis.com
26.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | ENCAVIS AG |
Große Elbstraße 59 | |
22767 Hamburg | |
Germany | |
Phone: | +49 4037 85 62 -0 |
Fax: | +49 4037 85 62 -129 |
E-mail: | info@encavis.com |
Internet: | https://www.encavis.com |
ISIN: | DE0006095003 |
WKN: | 609500 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1932995 |
End of News | EQS News Service |
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1932995 26.06.2024 CET/CEST
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