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Oct 23 2020, 07:20 IST/BST
Greencoat has confirmed the addition of a new five-year term loan. It is part of a broader medium-term strategy to expand and diversify (debt type, duration) its balance sheet. It will support the group’s continued expansion in Ireland and in Continental Europe as the installed renewable capacity in key addressable markets builds out. Separately, it has announced a small bolt-on acquisition in Ireland (11.5MW, adding 2% to portfolio capacity).