Trina Solar Secures €150 Million Credit Facility to Support IPP Transition
Trina Solar Secures €150 Million Credit Facility to Support IPP Transition
CHANGZHOU, China, Sept. 10, 2024 /PRNewswire/ -- Trina Solar (Luxembourg) Holdings S.A.R.L., a subsidiary of Trina Solar Co., Ltd., has secured a €150 million revolving credit facility from Banco Santander to accelerate the growth of its downstream division, Trinasolar International System Business Unit ('ISBU') focusing on the development of utility-scale solar power and battery storage projects. The financing will support ISBU's transition to an Independent Power Producer (IPP).
中國常州，2024年9月10日 /PRNewswire/--天合光能有限公司的子公司天合光能（盧森堡）控股有限公司已從桑坦德銀行獲得1.5萬歐元的循環信貸額度，以加速其下游部門天合光能國際系統業務部（「ISBU」）的增長，該部門專注於公用事業規模的太陽能和電池的開發存儲項目。這筆融資將支持ISBU向獨立電力生產商（IPP）的過渡。
The facility is structured in two revolving tranches: a "non-recourse" tranche for assets under construction, and a "guaranteed" tranche for assets under development and acquisitions. It will primarily fund projects in Italy, Spain, the UK, France, and Germany.
該融資機制分爲兩個循環部分：針對在建資產的 「無追索權」 部分和用於開發和收購資產的 「擔保」 部分。它將主要爲意大利、西班牙、英國、法國和德國的項目提供資金。
Leonardo Lotti, Head of EMEA of ISBU, commented: "Historically, our focus has been developing, constructing, and selling the assets. Moving forward, we are expanding further into PPA organization, and asset operations, therefore enhancing value generation across the entire value chain."
ISBU歐洲、中東和非洲負責人萊昂納多·洛蒂評論說：「從歷史上看，我們的重點一直是開發、建造和出售資產。展望未來，我們將進一步擴展到PPA組織和資產運營，從而提高整個價值鏈的價值創造。」
Linhui Sui, President of ISBU, commented: "This credit facility marks a pivotal first step in our strategic transition from a project developer to an IPP. This shift not only accelerates our growth but also positions us as a long-term, strategic player."
ISBU總裁隋林輝評論說：「這項信貸額度標誌着我們從項目開發商向IPP的戰略過渡邁出了關鍵的第一步。這種轉變不僅加速了我們的增長，而且使我們成爲長期的戰略參與者。」
Bart White, Head of Energy EMEA, Structured Finance at Santander commented: "We are delighted to support Trina Solar with this revolving financing that will boost their growth in Europe. Trina's sizeable renewable pipeline will make a meaningful contribution to energy transition targets in Europe, while also supporting Trinasolar ISBU's transformation into an IPP. This transaction is another step in Santander's global commitment to facilitate €220 billion euros in green financing until 2030"
桑坦德銀行能源歐洲、中東和非洲地區結構性融資主管巴特·懷特評論說：「我們很高興通過這項循環融資支持天合光能，這將促進他們在歐洲的增長。天合光能的大型可再生能源管道將爲歐洲的能源轉型目標做出有意義的貢獻，同時也將支持天合光電ISBU向IPP的轉型。該交易是桑坦德銀行全球承諾的又一步，即在2030年之前促進2200歐元的綠色融資。」
About Santander Corporate & Investment Banking
關於桑坦德銀行企業與投資銀行
Santander CIB is Santander's global division that supports corporate and institutional clients by offering tailored services and value-added wholesale products suited to their complexity and sophistication. It also adheres to responsible banking standards that contribute to the progress of society.
桑坦德銀行CiB是桑坦德銀行的全球分支機構，通過提供適合其複雜性和複雜性的量身定製的服務和增值批發產品，爲企業和機構客戶提供支持。它還遵守有助於社會進步的負責任的銀行標準。
About Trinasolar ISBU
關於 Trinasolar ISBU
Trinasolar ISBU is the downstream project development arm of Trina Solar. It operates across 15 countries worldwide and focuses on solar power and battery energy storage systems, with expertise in project development, EPC, finance, and asset management.
天合光能ISBU是天合光能的下游項目開發部門。它在全球15個國家開展業務，專注於太陽能和電池儲能系統，擁有項目開發、EPC、財務和資產管理方面的專業知識。
SOURCE Trina Solar Co., Ltd
來源 Trina Solar 有限公司
譯文內容由第三人軟體翻譯。