Ortus Power Resources Italy secures €97M Green Loan for solar portfolio refinancing and development
Type: Financing · Technology: Solar, Solar Pv · Country: Italy · Capacity: 101 MW · Value: $97M · Announced: 2026-03-31
Ortus Power Resources Italy (OPR Sun 0 S.r.l.) has secured a €97 million Green Loan from BPER Banca and Mediocredito Centrale to refinance an existing 23 MW operational solar PV portfolio and develop a new 78 MW pipeline of ready-to-build projects. The financing, structured as a no-recourse project finance deal with a HoldCo structure, includes multiple credit facilities covering refinancing, capex, VAT, substation, DSR, and guarantees. The transaction targets projects benefiting from GSE incentive tariffs under Italy's FER 1 and FER-X decrees, supporting Italy's renewable energy expansion. The Green Loan framework aligns with sustainability-linked financing principles, reflecting growing investor appetite for ESG-compliant energy infrastructure in Europe.
Counterparties
- DLA Piper Italia Società tra Avvocati S.r.l. (Legal Buy)
- Norton Rose Fulbright (Legal Sell)
- BPER Banca (Lender)
- Ortus Power Resources Italy (Borrower)
- Protos (Technical Advisor)
- Omnes Capital (Investor)
- Mediocredito Centrale (MCC) (Lender)
- Arcus Financial Advisors (Advisor Buy)
- Gestore dei servizi energetici (GSE) (Offtaker)