The money was provided by ING and UniCredit to assist the building of 87MW of solar power in Italy.
A €55 million green loan has been secured by Capital Dynamics and EOS Investment Management (EOS IM) to invest in solar projects in Italy.
The lead arrangers were ING and UniCredit.
The money will be used to build about 87MW of solar power in Lazio.
The energy will be acquired through a PPA by a major multinational participant in the natural gas and electricity wholesale markets.
UniCredit’s global head of power and infrastructure financing, Matteo Pietropoli, said, “We are extremely proud to have supported EOS IM and Capital Dynamics in this complex transaction.”