ContourGlobal has secured €43.8 million in financing from Eurobank in Greece to support the acquisition of its recently purchased solar energy assets. The refinancing package primarily covers the cost of the portfolio acquisition, which the company completed only a few months ago.
The portfolio includes 26 solar power plants with a combined installed capacity of 36.7 MW, located across several regions of Greece, including the Peloponnese and northern areas. The assets are structured through seven special purpose vehicles (SPVs), following a recent restructuring that simplified the original financial setup.
Before refinancing, the project was supported by a more complex financing arrangement involving multiple loans at both asset and entity level. Eurobank has now consolidated this structure into a more streamlined lending framework, reducing the number of facilities and improving overall financial efficiency and manageability.
The solar plants, which were commissioned between 2011 and 2022, operate under regulated support schemes such as feed-in tariffs and feed-in premiums, providing stable and predictable revenue streams while limiting exposure to wholesale electricity price volatility.
ContourGlobal entered the Greek renewable energy market in late 2025 through this acquisition, which also included battery storage assets, marking a broader strategic expansion into the country’s clean energy sector.
