This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Helaba And BayernLB Finance Solar Power Plant In France

FRANKFURT AM MAIN, Germany, January 14, 2013 /PRNewswire/ --

As Mandated Lead Arrangers, Helaba and BayernLB have financed a solar power plant in France for Hamburg-based Aquila Capital. Helaba and BayernLB have arranged and structured the project financing to the value of Euro 80 million. The solar power plant has an installed capacity of 24 MW and consists of two solar parks. It is located in the Centre region near Paris. Annual power production is predicted to reach approx. 27 million kilowatt hours.

Aquila Capital is the initiator of the project. The independent investment firm has approx. Euro 4 billion of assets under management and focuses on alternative investments. Investors can invest in the project via a closed-end fund. LNF Energy acted as advisor to Aquila Capital for the project structuring.  LNF Energy, also based in Hamburg, assists private and institutional investors to acquire and finance renewable energy projects.

Helaba offers a broad range of services for corporate clients and public institutions. For more than fifteen years, the bank has provided tailor-made financing solutions to investors and developers for solar, solar thermal, wind and hydro power projects. Today, renewable energy finance has been firmly established as a steadily growing business of Helaba.

BayernLB is a reliable German corporate and structured finance lender. With its experience in the energy sector and in export and project financing, BayernLB has provided financing solutions to renewable energy companies focused on wind, solar, solar thermal, hydro power and geothermal technologies for many years. Currently, BayernLB and Deutsche Kreditbank AG's portfolio of project and export finance transactions in the renewable energies sector amounts to 6.5 bn Euro.

Press and Communication MAIN TOWER · Neue Mainzer Strasse 52-58 60311 Frankfurt am Main · http://www.helaba.de Tel.: +49(0)69-9132-2192 Wolfgang Kuss     E-Mail: wolfgang.kuss@helaba.de Ursula-Brita Krueck E-Mail: ursula-brita.krueck@helaba.de

SOURCE HELABA Landesbank Hessen-Thueringen

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs