ILOS Projects, a Pan-European Independent Power Producer (IPP) supported by BNP Paribas Asset Management Alts (BNPP AM Alts), has announced the successful upsizing of its structured credit facility with EIG, an institutional investor in the global energy and infrastructure sectors, and La Caisse, a global investment group, for a total of €450 million ($530 million).
The increased commitment builds on deployment under the initial €250 million ($294 million) tranche provided by EIG and reflects continued investor support for ILOS’s platform, portfolio quality and execution capabilities. The expanded facility will support ILOS’ plans to develop and operate more than 2 gigawatts of solar and battery storage capacity across Europe by 2028.
Intended to provide flexible capital for construction equity and the acquisition of ready-to-build assets, the facility is expected to enable ILOS to advance its growth as a Pan-European IPP. ILOS will continue to focus on core ma