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FINWIRES

Ilos Projects Secures $529 Million to Accelerate European Solar Expansion

-- Independent power producer Ilos has upsized its credit facility to 450 million euros ($529 million) from 250 million euros with backing from EIG and La Caisse, it said on Monday.

The flexible capital will fund the acquisition and construction of over 2 gigawatts of solar and battery storage capacity across Europe by 2028.

The financing is earmarked for ready-to-build solar assets and battery storage in core markets, including the UK, Ireland, Italy, and Germany.

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