Enefit Green entered into loan agreements with SEB and Swedbank to refinance term loans that were due in 2023. Both new loans in amount of €50 million ($53.1 million) have a five-year maturity.
The purpose of the refinancing transactions is to improve the term structure of Enefit Green’s liabilities while financing the ongoing investment program. Enefit Green’s strategy foresees a fourfold increase in renewable electricity production capacities to 1900 megawatts by the end of 2026.
