- Green Venture, with Kommunalkredit and Marsh Risk & Capital, closed a €55.1 million financing package in Portugal.
- The deal, including a €40.1 million Senior Bridge Facility and €15 million Subordinated Term Loan, highlights the role of tailored financing.
Green Venture, in partnership with Kommunalkredit and with advisory support from Marsh Risk & Capital (MR&K), has closed a €55.1 million financing package for a 104.7 MWp solar PV portfolio in Portugal. The portfolio includes 22 special-purpose vehicles across the country.
Meanwhile, the financing consists of a €40.1 million Senior Bridge Facility and a €15 million Subordinated Term Loan Facility. Kommunalkredit acted as the sole mandated lead arranger and lender.
Bruno Sousa, Investment Officer at Green Venture, also said flexibility, resilience, and collaboration were key to completing the deal. He thanked advisors and teams for their professionalism and constructive approach.
Furthermore, Halyna Yakovenko, Senior Transactor at Kommunalkredit, said the transaction strengthens their presence in Iberia’s renewable energy market and supports Portugal’s clean energy infrastructure. She noted that tailored financing and risk mitigation make renewable projects bankable.
Fernando García, Principal at MR&K, called the financing structure complex and praised the collaboration between Green Venture and Kommunalkredit. He also said the teamwork enabled innovative solutions for the solar sector.
Legal advisors included PLMJ for the borrower, Morais Leitão for the lender, and OCA Global for technical advisory.
The deal marks a major step for renewable energy in Portugal and highlights the importance of collaboration in sustainable infrastructure projects.