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Ilmatar, a Nordic energy company and Independent Power Producer (IPP), has secured a group level debt financing package of 500 million euros.
The transaction is led by Copenhagen Infrastructure Partners (CIP) through its Green Credit Fund 1 with participation from Kommunal Landspensjonskasse (KLP), P Capital Partners (PCP) and accounts managed by CIP. The package comprises a day one committed tranche of 325 million euros and an uncommitted increase option of 175 million euros. The deal further helps tp accelerate the growth of Ilmatar’s renewable energy production.
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