• By .(JavaScript must be enabled to view this email address) - 27 June 2012, 18:59
  • In News, Power Generation, Finance

SAG Solarstrom receives €65 million financing commitment from Deutsche Bank Group

  • SAG Solrstrom receives €65 million financing commitment.
    SAG Solrstrom receives €65 million financing commitment.

Financials

  • SAG
    ETR
    3.15
    +0.07 (2.24%)
    5:36PM GMT+2

SAG Solarstrom advised that Deutsche Bank Group had given the company a financing commitment of €65 million. The loan has conditions in line with the market and a term up to the fall of 2013. The company plans to use the financing for various projects planned in 2012 and 2013, which will mainly be implemented in Germany. SAG Solarstrom acknowledged that the financing commitment and the payment of the loan will depend on the fulfillment of customary banking conditions and the signing of financing documents.

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