Atlante Gestion teams are delighted to announce the successful raising of financing for the Picardie Granulation project.
The founders entrusted Crédit Agricole Brie Picardie and Atlante Gestion with a mandate to arrange project finance (senior and junior debt) of EUR 25 million for the construction of a wood pellet production plant in Chaulnes (80), to produce and sell pellets from locally available resources.
In addition to the equity contribution from the partners, the project has benefited from strong public support, with subsidies fromADEME and the Hauts-de-France Region, financing from Bpifrance, junior debt provided by Atlante Gestion, including a participatory financing component raised through the Enerfip Group platform, and bank debt underwritten by Crédit Agricole Brie Picardie, Arkéa Banque Entreprises et Institutionnels, CIC Nord Ouest, Crédit Mutuel Nord Europe and SG Crédit du Nord.
This high-impact project, with a total investment of EUR 40 million, is designed to make use of the high-quality by-products and related products of local sawmills and forestry operations. It meets the growing demand for wood pellets in the region, while strengthening the regional industrial fabric and creating 31 local jobs.
We would like to thank the legal firm De Pardieu Brocas Maffei for their excellent support.
We would like to express our gratitude to our partners and investors for their trust and commitment!
https://www.cfnewsinfra.net/L-actualite/Financement/Financement/Picardie-Granulation-finance-son-usine-de-granule-bois-496419