From RTE News | Tuesday 17th May 2022 | Link to original article
UrbanVolt, the Dublin-headquartered clean energy company, has secured a “transformational” €36m debt facility to fund its expansion.
The new funding includes a €30m, asset-backed, seven-year loan from Swedish-based credit fund PCP and €6m from existing funding partners BVP and Beach Point Capital.
The company said the new facility will be used to fund the installation of solar panels and related equipment on UrbanVolt’s main target of commercial and industrial client sites in both Ireland and the UK.
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