Financial close announced on deal covering developer’s 566MW wind, solar and hydro portfolio

Construction is underway on the project and its related transmission link

Strategy is to acquire, develop, contract, construct, operate and exit a portfolio of utility-scale assets

The deal has an initial duration of five years with an option to extend for two more years

Deal could see as much as €700m added to Plenitude’s share capital

Financing package with BMO will fund the construction of 30MW scheme