pozyskanie finansowania - komunikat spółki PHOTON ENERGY N.V. (photon) - komunikat ESPI

Komunikat spółki

COMMON REPORT

	POLISH FINANCIAL SUPERVISION AUTHORITY
				UNI - EN REPORT No		15	/	2024
	Date of issue:		2024-05-13
	Short name of the issuer
	PHOTON ENERGY N.V.
	Subject
	Photon Energy Group Secures EUR 15 Million Multi-Tranche Project Financing from EBRD
	Official market - legal basis
	art. 17. 1 MAR.
	Unofficial market - legal basis
	Contents of the report:
	The Management Board of Photon Energy N.V. (the Company) informs that it has signed a senior secured loan agreement ( Agreement ) with European Bank for Reconstruction and Development ( EBRD ) for the amount of up to EUR 15 million ( Loan ). The Loan is denominated in EUR. The financing period is 7 years from the date of conclusion of this Agreement. The interest rate on the Loan will be calculated on the basis of a variable reference rate based on the six months Euribor, increased by the bank s margin. The signing of the Agreement represents the Group s second project financing of European PV assets that operate on a merchant basis, selling energy to the market without a power purchase agreement or state support. The EBRD s investment will finance the construction and completion of Photon Energy s portfolio of six solar parks with a capacity of 29 MWp in Romania. As part of the project EBRD will also support the Company in expansion of demand response services, capacity market auctions and the research and development CapEx of Lerta S.A. The EBRD s Loan benefits from first-loss risk cover from the European Union (EU) under its InvestEU programme.
	Annexes
	File				Description

	SIGNATURE OF PERSONS REPRESENTING THE COMPANY
	Date	Name	Position / Function	Signature
	2024-05-13	Gerog Hotar & Michael Gartner	Directors	Georg Hotar & Michael Gartner

Nazwa jednostki:	PHOTON ENERGY N.V.
Nazwa skrócona jednoskti:	PHOTON ENERGY N.V.
Adres:	Barbara Strozzilaan 201, 1083 HN Amsterdam
Telefon:	+31 20 240 2570
Fax:	+31 20 240 2598
NIP:	8500.20.827