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Kromann Reumert advises EKF on the financing of Obton's acquisition of Japanese solar park
Kromann Reumert has advised the lenders and EKF in connection with the financing of Obton's purchase of the Japanese solar farm Shirakawa.
Obton has acquired Shirakawa, a 31,6 MW solar farm in Japan, for a price of DKK 750,000,000. Kromann Reumert advised EKF – Denmark's Export Credit Agency – on the financing from early term sheet stage, through due diligence and until financial close.
It is the first investment by EKF in a SolarPV.
Read more (in Danish): Dansk solcellekæmpe satser 750 mio. kr. på japansk park: “Jeg bliver skuffet, hvis vi ikke kan investere 5 mia. kr. i landet de næste tre til fem år” (borsen.dk) and EKF giver eksportlån på 500 mio. kr. til Obton og sikrer dansk ejerskab af japansk solcellepark (ekf.dk)
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