Global Infrastructure SherpaDNB acted as Mandated Lead Arranger and Bookrunner for Aker Horizons' Green Financing
Aker Horizons secured EUR 250 million in green financing to support its renewable energy and green technology investments. DNB acted as the mandated lead arranger and bookrunner.
Source Intelligence
Aker Horizons’ share of the sponsor commitment is 58.4% of the maximum facility size, equivalent to USD 129 million. "Aker Horizons’ share of the sponsor commitment is 58.4% of the maximum facility size, equivalent to USD 129 million." USD 75 million will be provided in April 2025. "USD 75 million will be provided in April 2025" Shareholder loan facility of up to EUR 64 million provided pro-rata 70% by Aker Horizons and 30% by Mitsui. "Additionally, new funding for Mainstream has been agreed upon in the form of a shareholder loan facility of up to EUR 64 million provided pro-rata 70% by Aker Horizons and 30% by Mitsui" Letter of credit facility with DNB of up to EUR 64 million, also backed pro-rata by Aker Horizons and Mitsui. "along with a letter of credit facility with DNB of up to EUR 64 million, also backed pro-rata by Aker Horizons and Mitsui." Both facilities may be drawn until maturity at year-end 2026. "Both facilities may be drawn until maturity at year-end 2026"
"Aker Horizons ASA (“Aker Horizons”) has agreed on new funding arrangements for Mainstream Renewable Power (“Mainstream”) with DNB ASA (“DNB”) and co-shareholder Mitsui & Co., Ltd. (“Mitsui”)."
"Aker Horizons ASA (“Aker Horizons”) has agreed on new funding arrangements for Mainstream Renewable Power (“Mainstream”) with DNB ASA (“DNB”) and co-shareholder Mitsui & Co., Ltd. (“Mitsui”)."
"Aker Horizons ASA (“Aker Horizons”) has agreed on new funding arrangements for Mainstream Renewable Power (“Mainstream”) with DNB ASA (“DNB”) and co-shareholder Mitsui & Co., Ltd. (“Mitsui”)."
"Aker Horizons ASA (“Aker Horizons”) has agreed on new funding arrangements for Mainstream Renewable Power (“Mainstream”) with DNB ASA (“DNB”) and co-shareholder Mitsui & Co., Ltd. (“Mitsui”)."