MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday 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 NewswireToday 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 NewswireToday and LINK as the source.
 
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:

ABB Helps Maximize Energy Efficiency At Future Fossil-free Steel Pilot
Fermi Energia Starts Cooperation with the Major Energy Utility Fortum and Tractebel
Voith Hydro Awarded Single-source Contract for BC Hydro’s Bridge River Power House II Generator Replacement
ABB to Deliver the Power Supply for Europe’s Largest Battery Factory
ABB Selected by IONITY for Second Phase of European Charging Network Expansion
Imeon Energy Announces Compatibility of its Hybrid Solar Inverters with Dyness Energy Storage System
Rising Demand for Energy Efficiency Creates Growth Opportunities for Technologically Advanced Heat Exchangers Finds Frost & Sullivan
Enel Starts Operations of 450 MW Wind Farm in U.S. and Expands Project to 500 MW through New PPA with Danone North America
Energía del Pacífico Closes Financing on Largest Ever Foreign Direct Investment in El Salvador
ABB Completes Divestment of Two Electrification Joint Ventures in Shanghai
ABB and Equinor Sign Major Frame Agreement for Oil And Gas Operations Worldwide
ABB Wins Contract to Power Genting’s Next-generation Cruise Vessels
ABB Wins Framework Contract Worth over 0 Million to Strengthen Italy’s Power Grid
Voith is A Leading Member of the XFLEX HYDRO Project A New Initiative to Build a Resilient, Renewable Power System with Flexible Hydropower Technology
ABB Powers Pioneering Floating Solar Plant in Switzerland

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Limelon Advertising, Co.

Visit  JobsWare.com





 
  ©2020 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR 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 newswiredistribution 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)