Finance Facility AMPYR Solar Europe, a leading pan-European solar developer and independent power producer (“IPP”), has successfully closed a €200 million framework project finance facility with Rabobank.
With extensive experience and in-depth knowledge of renewable financing, the multi-disciplinary team of Osborne Clarke Netherlands. including banking and finance lawyers Axel van der Staak, Peter van der Horst, Marlinde Klein Ganseij and Annick Wilmer, corporate lawyers Marie-Louise Weeda, Angela Saldanha and Deniz Bussing and civil law notaries Arlette Peer and Eveline Leijen, advised AMPYR Solar Europe on the financing and structuring of this highly complex deal.
This facility represents a significant step forward in AMPYR Solar Europe’s goal of becoming one of the continent’s leading IPPs by enabling the company to build its first Solar PV assets in the Netherlands since its formation in 2021. The facility can be used to project finance solar farms across Europe, focusing on AMPYR Solar Europe’s core base in Germany as well as the Netherlands.
Osborne Clarke has a market-leading practice for mid-market tech M&A and works closely with founders, shareholders, management teams and institutional investors to support them through the course of a company's life-cycle and its milestone transactions. As businesses strive to meet the challenges of decarbonisation, the team’s experience and understanding of this sector also means they are well placed to advise on companies' decarbonisation journeys.