Alight secures €46M financing for 100 MW PV park in Finland

A €46 million senior debt from ABN AMRO and SEB funds Alight’s 100 MW Eurajoki PV park, using a framework financing model to support 300+ MW of PV projects in Finland.

By Karthik Srivasthav G 19 Mar 2025 in Project Bytes Market Bytes

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Alight’s framework financing model for Eurajoki will be used to develop three more solar projects, adding 200+ MW in Finland. Image Source: Alight

Alight, a Sweden-based solar developer, has secured a financing agreement with ABN AMRO and SEB to support over 300 MW of solar projects in Finland. As per the company, €46 million (~$50.1 million) in senior debt was obtained for a 100 MW solar park in Eurajoki, which is in late-stage development. The same financing model will be used for three additional solar projects, which are expected to add over 200 MW and secure more than €110 million (~$119.9 million) in debt. The Finnish Solar Energy Association said that if fully realized, these projects could expand Finland’s solar capacity by 25%, as the country's installed capacity was 1.2 GW at the end of 2024. Recently, Alight secured €110 million (~$119.9 million) in senior debt from Rabobank to fund 220 MW of solar parks in Sweden.

#Finland #AlightSolar #SolarFinancing #SEB #ABNAMRO

Advertisment {'id': '67d9f6bc0559599c2a31d9ba', 'source_name': 'Alight', 'source_link': 'https://www.alight-energy.com/en/alight-secures-e46-million-financing-from-abn-amro-and-seb-to-finance-a-100-mwp-of-solar-park-in-finland/', 'contact_name': 'Meredith Popolo ', 'contact_email': '[email protected]'}

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