EnergyWatch

European Energy to borrow upwards of EUR 75 million

The Danish wind and solar power developer presents its forecast for 2017 and 2018 in relation to an announcement from the company that it will take out loans of EUR 50-75 million.

Photo: European Energy

European Energy will refinance old loans, allying itself with Carnegie Investment Bank and Nordea to carry out the endeavour.

The plan is for European Energy to redeem previous loans, namely its 2018 Bonds, which currently amount to outstanding debt of EUR 45 million.

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