Obton, Rabobank agree on EUR 30,2 M refinancing of operational PV-portfolio in Belgium

The 40 rooftop plants are primarily located on industrial premises in the regions of East and West Flanders, which are some of the most advantageous areas of Belgium in regard to solar irradiation. The PV-plants are expected to produce around 12.000.000 kWh p.a. and will cover the yearly electricity demand of approximately 3.000 Belgian households.

 

PROFESSIONAL AND EFFECTIVE COLLABORATION

 

Mikkel Berthelsen, Chief Legal Officer at Obton welcomes the collaboration and clarifies:

 

“The collaboration with Rabobank has been intense and highly effective, once the negotiations were initiated. We were very impressed by the dedication and professionalism displayed by the team at Rabobank. ""

 

Twan Geurts, Global Head Project and Export Finance at Rabobank adds:

 

“We are looking forward to continue this successful collaboration and by doing so facilitate Obton achieving their ambitious goals and simultaneously contribute to the renewable energy transition in Europe.” 

 

Obton has been involved in PV-investments in Belgium since 2013 and continues to explore the opportunities within renewable energy that Belgium and the rest of the Benelux countries offer – if possible with Rabobank by its side.

 

For further information, please contact:

Obton: Mikkel Berthelsen, Chief Legal Officer, +45 3038 6658

 

Rabobank: Maurits Tool, Associate Director, +31 (0)30 7122246

 

About Obton:
Obton is an investment and management company specialized in renewable projects. Obton represents Danish retail investors and manages a rapid growing PV-portfolio of currently 250MW with an enterprise value of EUR 650m. The plants are primarily located in France, Germany, Belgium and The Netherlands.

 

About Rabobank:
The Rabobank Group (“Rabobank”) is a full-range financial services provider founded on cooperative principles and is headquartered in Utrecht, The Netherlands. Its operations include retail banking, wholesale banking, asset management, leasing and real estate, with a strong focus on Dutch wholesale clients, food & agribusiness and renewable energy.