Epuron Refinances Solar Portfolio
Epuron and Infradebt are pleased to announce the close of a A$22.2 million senior debt facility for Epuron’s portfolio of operating solar assets in the Northern Territory. The facility covers:
- 4 MW of ground mounted, solar tracking capacity at the Uterne solar farm at Alice Springs;
- 1.8 MW of ground and roof mounted solar capacity at the Voyages Ayers Rock Resort located at Yulara; and
- 1 MW of ground mount solar and batteries at the communities of Ti Tree, Kalkarindji and Lake Nash.
The facility refinances the initial debt finance provided by the Clean Energy Finance Corporation (CEFC).
The loan represents the seventh investment (across 16 individual projects) by the Infradebt Ethical Fund since its first close in September 2017.
Quote attributable to Martin Poole, Co-Founder, Epuron:
“Epuron would like to recognise the CEFC for its support over the last 4 years and is excited to have Infradebt on board as a finance partner.”
Quote attributable to Alexander Austin, CEO, Infradebt:
“Infradebt is pleased to finalise the refinancing of the Epuron portfolio, we have worked closely with Epuron to provide a highly customised facility that complements the unique attributes of the underlying projects. We look forward to working with Epuron in the future and assisting them with their future development pipeline.”