Reliance Industries Acquiring Company

REC Solar Holding Portfolio - Project Acquisition

Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Norway

Deal Overview

Green loan to finance the US$736 million acquisition of Norwegian-headquartered solar panel maker REC Solar Holdings by Reliance New Energy Solar Ltd, a wholly owned subsidiary of Indian conglomerate Reliance Industries Limited. The financing comprises a US$250 million six-year term loan, a US$150...

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Deal Volume
$736m
Financial Close
08/12/2022
Dealmakers
Sources
Submitted by participant(s),

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Project Deals

REC Solar Holding Portfolio
$860m
Greenfield
PV solar
Europe
Europe
Norway