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The final close exceeded the €500m target that Pioneer initially set.

Move due to market conditions being ‘severely impacted’ by geopolitical tensions

The collection of 24 plants is owned by Vantage Solar

Spanish firm achieved EBITDA of €12bn due to its renewables and networks businesses

New facility represents the ‘next generation’ of sustainability-linked credit financing in private markets

Uplift in financial forecast driven by a ‘dynamic market environment’ says Michael Muller

Increase driven by ‘substantially higher’ electricity rates and Norwegian hydropower generation

Interest on borrowing of €579m subject to work safety and low carbon fuel KPIs

Increase in power prices and above budget inflation helped drive NAV increase

EBIT margin comes in at 3%, below the Danish turbine manufacturer’s 4% 2021 target