COLEXON Energy AG secures working capital financing of 21 mEUR
01/12/2010
COLEXON Energy AG (WKN: 525070, ISIN: DE0005250708) is pleased to announce that it has secured a credit commitment of 21 mEUR from its relationship Banks. The credit facility, which has a tenor up to four years will be utilized for working capital, financing project acquisitions and capital expenditure.
With this corporate working capital facility in place, the COLEXON group enhances its financial power and has secured financial flexibility and sufficient liquid funds for to support its planned growth. The successful close reaffirms the trust of its Banks have in the financial stability and growth potential of COLEXON.
With this corporate working capital facility in place, the COLEXON group enhances its financial power and has secured financial flexibility and sufficient liquid funds for to support its planned growth. The successful close reaffirms the trust of its Banks have in the financial stability and growth potential of COLEXON.
