Natixis, Sole Structuring Bank and Sole Lead Arranger of the first issue of renewable energy asset backed securities “REBS”, covered by the specialist press

Natixis acted as Sole Structuring Bank and Sole Arranger for the first issue of asset backed securities (ABS) backed by a portfolio of renewable energy plants (REBS) sponsored by Glennmont Partners, for a total amount of EUR 51.5 million (USD 58m).

The proceeds of the issue have been applied to acquire a portfolio of project finance loan agreements disbursed to finance or refinance the construction of eight wind farms totalling 52 MW and six solar photovoltaic (PV) plants with a combined capacity of 14.4 MW.

The news was covered by reNEWS, Energy Rev, Renewables Now, PFI, Private Equity Wire, TXF, MfDowJones, Citywire, Investire, Energia & Mercato, Il Sole 24 Ore, Il Messaggero, Il Giornale.