WElink Group Secures Financing for 1.6 GW Energy Storage Portfolio
The BESS portfolio comprises twelve plants across Italy
May 13, 2024
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
WElink Group, a developer of PV Solar, Wind, BESS, and hybrid clean energy projects in Europe, secured a €20 million (~$21.57 million) borrowing base facility for a 1.6 GW pre-ready-to-build (RTB) energy storage-systems portfolio in Italy. Kommunalkredit Austria, a specialized infrastructure and energy financing bank, acted as the Mandated Lead Arranger (MLA).
