PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: BELECTRIC Solarkraftwerke GmbH

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

BELECTRIC Secures and Extends Long-Term Financing - BELECTRIC has signed a comprehensive new funding structure with its existing banking consortium lead by UniCredit Bank AG. Despite - BELECTRIC.com
BELECTRIC Secures and Extends Long-Term Financing

 

NewswireToday - /newswire/ - Kolitzheim, Bavaria, Germany, 2013/06/18 - BELECTRIC has signed a comprehensive new funding structure with its existing banking consortium lead by UniCredit Bank AG. Despite - BELECTRIC.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

the challenging economic climate within the industry, BELECTRIC was able to increase its funding framework by 30 percent. In addition to the currently financing UniCredit Bank AG and Commerzbank AG new banks like HSH Nordbank AG, IKB Deutsche Industriebank AG and Bayerische Landesbank have agreed to join the consortium, thus spreading the funding over a broader base. Crucial to the successful outcome of the negotiations were the extremely positive business development and the company's market position. The new agreement gives BELECTRIC the sound financial footing it requires to continue pursuing its sustainable and efficient strategy for growth.

"The new credit facility means we have not only improved our funding structure, but have also adapted it to provide the perfect solution for our business model," explained Michael Belschak, Chief Financial Officer of BELECTRIC Holding GmbH, on signing the new agreement. He continued:"It strengthens the global competitiveness of BELECTRIC and allows us to respond even more quickly and flexibly to new growth markets." BELECTRIC is one of the most successful international enterprises in the development and construction of utilityscale ground-mounted solar power plants and roof-mounted photovoltaic systems. As an international company, BELECTRIC (belectric.com) is represented in more than 20 countries. Its position as technology leader is a result of the high degree of vertical integration in the development and manufacturing processes. The combination of economical and ecological interests has always been the basis for the sustainable success of our nearly 1,750 employees. BELECTRIC demonstrates its great innovative spirit, with over 100 active patents.

About BELECTRIC®

BELECTRIC (belectric.com) is one of the most successful international enterprises in the development and construction of utility-scale ground-mounted solar power plants and roof-mounted photovoltaic systems. As an international company, BELECTRIC is represented in 20 countries. Its position as technology leader is a result of the high degree of vertical integration in the development and manufacturing processes. The combination of economical and ecological interests has always been the basis for the sustainable success of our 1,750 employees. BELECTRIC demonstrates its great innovative spirit, with over 100 active patents. Alongside solar power generation, BELECTRIC Drive® concentrates on the combination of photovoltaics and e-mobility.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: BELECTRIC Solarkraftwerke GmbH

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


BELECTRIC Secures and Extends Long-Term Financing

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

BELECTRIC |
Publisher Contact: Press Office - BELECTRIC.com 
+49 9385 / 9804 - 5710 pr[.]belectric.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BELECTRIC Solarkraftwerke GmbH securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From BELECTRIC Solarkraftwerke GmbH / Company Profile


Read Energy Most Recent Related Newswires:

ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation
SolarWinds to Join the Discussion on Interoperable IT Management for Defense Forces at AFCEA’s TechNet Asia-Pacific 2016
BP and GE Launch New Offshore Digital Technology with Plans to Deploy Globally
GE Digital Acquires ServiceMax to Extend Predix and Analytics Across Field Service Processes
GE Digital Launches Collaborative App Development Program to Expand Digital Industrial Ecosystem
Voith Awarded A Prestigious Automation Contract for Two Norwegian Hydropower Plants
Joint Wind Farm Pilot Project by ENGIE, EDP Renewables, La Caisse Des Dépôts, Eiffage/Principle Power, GE Selected from Call for Floating Wind Turbine

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)