Dentons advises DRI on EUR 60 million financing for a 126 MWp solar park in Vacaresti, Romania
UniCredit Bank
Global law firm Dentons has advised DRI, the EU renewables arm of DTEK, on a €60 million loan from UniCredit and Garanti BBVA for the construction and operation of a 126MWp solar park in Vacaresti, Romania. The loan agreement comprises a long-term, fully amortizing construction and term loan aligned with the Green Loan Principles and the EU Taxonomy Alignment Criteria and also incorporates VAT, debt service reserve, and letters of credit facilities. Dentons’ Banking and Finance team in
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