Lightsource has completed the refinancing of a portfolio of 33 UK solar PV sites with a total capacity of 101MW.
The portfolio was refinanced with a combination of £247 million 22-year inflation linked finance provided by M&G Investments and a £37 million 8-year mezzanine facility provided by AMP Capital.
On behalf of Lightsource, M&G Investments and AMP Capital, Operis was pleased to provide an audit of the financial model used to structure the transaction, including a review of the model’s tax and accounting treatments.
