French solar developer Helexia has closed funding totalling €66m to refinance 17MW of existing projects and finance 20MW of new facilities.
The developer specialises in rooftop solar projects and operates a team of 37 people across markets in France, Belgium, Italy and Portugal.
Helexia hired energy consultancy Finergreen to help structure the deals with three banks – Bpifrance, Crédit Coopératif and La Banque Postale.
Helexia chief financial officer Thibaut Sadones said: “It was important for us to structure the transaction so that we could include the financing of new assets that will be added to our portfolio later in our development cycle.”
Image: Helexia
