Alterric has closed a new syndicated green credit facility of €300m to support its growth plans.
The company said the three-year loan includes options to extend by two years and is expected to increase to €400m in the first half of 2026.
The new facility replaces a €200m syndicated line that would have expired in August next year, Alterric added.
“With our financing strategy, we are laying the foundation for our growth trajectory and extensive investments,” said Kai Zoellmann, chief financial officer of Alterric.
“These are necessary to implement the energy transition and thus an independent, secure and affordable energy supply for our economy, industry and society.
“The trust of our banks confirms Alterric’s position as a reliable partner in this transformation and enables us to continue our consistent growth trajectory.”
Commerzbank and ING structured and coordinated the transaction as mandated lead arrangers and bookrunners, with Commerzbank acting as facility and security agent and documentation bank and ING as green loan coordinator.