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2019-06-11 17:45 CEST
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ALBIOMA : Establishment of a corporate credit line for €60 million

Press release

Paris La Défense, 11 June 2019

Establishment of a corporate credit line for €60 million

On 7 June 2019, Albioma signed a €60 million bank facility with French and international banks, under very favourable market conditions. This revolving financing follows a previous line of €40 million, which was coming to an end.

With a maturity of five years, extendable to seven years, this new line of €20 reflects the Group's growth momentum. It will provide the Group with increased financial flexibility, particularly in view of acquisitions or specific cash requirements.

Next on the agenda: first half 2019 results on 24 July 2019 (after trading).

About Albioma Contacts
An independent renewable energy producer, Albioma is committed to the energy transition thanks to biomass and photovoltaics.

The Group, which is established in Overseas France, Mauritius and Brazil, has developed a unique partnership for 25 years with the sugar industry, to produce renewable energy from bagasse, a fibrous residue from sugar cane.

Albioma is also the leading generator of photovoltaic power overseas where it constructs and operates innovative projects with integrated storage capabilities.
Julien Gauthier
+33 (0)1 47 76 67 00

Charlotte Neuvy
+33 (0)1 47 76 66 65
Albioma shares are listed on NYSE EURONEXT PARIS (sub B) and eligible for the deferred settlement service (SRD) and PEA-PME plans (ISIN FR0000060402 - ticker: ABIO).