Boralex and Energy Infrastructure Partners secure €1.45 billion financing for French renewable energy platform
Type: Financing · Technology: Renewable Energy · Country: France · Value: EUR 1.45B · Announced: 2026-07-01
Boralex and Energy Infrastructure Partners (EIP) have completed a €1.45 billion financing for their French renewable energy platform, replacing Boralex’s existing multi-borrower debt structure. The financing package includes an €811 million term loan for existing assets, a €450 million capital expenditure facility with a 22-year tenor for new projects, and a €100 million revolving credit facility with a seven-year tenor. This new structure provides greater flexibility to support future growth and improve capital deployment across Boralex's French portfolio, where Boralex holds a 70% stake and EIP holds 30%. The financing is supported by a syndicate of ten banks, strengthening the platform's ability to execute projects efficiently and reduce execution risk.
Analysis
Boralex and Energy Infrastructure Partners (EIP) have secured €1.45 billion in financing for their French renewable energy platform, announced on 2026-07-01. Boralex, a Canadian renewable energy power producer, develops and operates onshore wind, solar, hydro, and storage facilities. EIP, a Zurich-based investment manager, focuses on large-scale energy infrastructure assets with over CHF 5 billion in assets under management across Europe, North America, South America, and Asia. The financing package includes an €811 million term loan for existing assets, a €450 million capital expenditure facility with a 22-year tenor for new projects, and a €100 million revolving credit facility with a seven-year tenor. This new structure replaces Boralex’s existing multi-borrower debt and is supported by a syndicate of ten banks for the platform, where Boralex holds a 70% stake and EIP holds 30%.
Key points
- Financing announced on 2026-07-01.
- Total financing value of €1.45 billion.
- Includes an €811 million term loan, a €450 million capital expenditure facility, and a €100 million revolving credit facility.
- Capital expenditure facility has a 22-year tenor.
- Revolving credit facility has a seven-year tenor.
Counterparties
- Energy Infrastructure Partners (Partner)
- Boralex (Borrower)