Aukera Closes €460 Million Structured Credit Facility Led by EIG to Support European Energy Infrastructure Portfolio

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Postmedia has not reviewed the content. by Business Wire Aukera Closes €460 Million Structured Credit Facility Led by EIG to Support European Energy Infrastructure PortfolioAuthor of the article:THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountBRUSSELS & WASHINGTON — Aukera, the pan-European battery storage and renewable energy platform backed by AtlasInvest, Reggeborgh and SFPIM (Belgium’s sovereign wealth fund), announced the closing of its €460 million structured credit facility, for which EIG, a leading institutional investor in the global energy and infrastructure sectors, served as the lead investor.With the financing in place, Aukera moves into its next phase of growth, combining capital, expertise and delivery capability to build a significant European energy infrastructure platform that develops, finances, constructs and operates assets at scale.The original facility included an initial €200 million commitment and an accordion feature of up to €250 million. The amended facility converts that accordion into a firmly committed €260 million Series 2 tranche, increasing total committed capital to €460 million. The additional capital will support the continued advancement of Aukera’s portfolio of renewable energy generation, battery storage and energy infrastructure projects across its five European markets (Belgium, the United Kingdom, Germany, Romania and Italy).Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againSince securing the original facility, Aukera has continued to demonstrate its ability to originate, finance and deliver energy infrastructure projects at scale across multiple markets. The company currently has close to 1 GW of projects in construction or operation across all of its markets. Alongside these delivery milestones, Aukera continues to advance a 14 GW development pipeline of renewable energy and energy infrastructure opportunities across Europe.Catalin Breaban and Pascal Emsens, Co-Founders of Aukera, commented:“We believe Europe needs to at least quadruple its battery storage capacity to reach the EU’s 200 GW target by 2030. That requires not just capital, but teams and platforms that can deliver complex infrastructure repeatedly, on time, on budget and across multiple markets.This facility with EIG gives Aukera the financial depth to do exactly that. With close to 1 GW in construction or operation today, a 14 GW pipeline, and a team with deep expertise across development, financing, delivery, revenue optimisation and sophisticated asset management, we expect Aukera to emerge as one of Europe’s established battery storage and renewable energy platforms. We are well positioned to continue building the infrastructure that supports Europe’s evolving energy system.”Rob Johnson, President & CIO, EIG Credit Management, commented:“We are pleased to expand our relationship with Aukera through this significantly upsized facility. Aukera has built a diversified portfolio across several European markets, supported by an experienced team with capabilities spanning project development, financing, construction and operations. This transaction reflects EIG’s confidence in the Aukera team and strategy, as well as our focus on providing flexible capital solutions to established energy infrastructure platforms.”The principal advisers to the transaction were Nomura Greentech (Issuer Financial Advisor), A&O Shearman (Issuer Legal Counsel), White & Case (Investor Legal Counsel), Watson Farley & Williams (Legal Due Diligence), RINA Consulting (Technical Due Diligence), Forvis Mazars (Model, Financial and Tax), and Aurora Energy Research (Market Due Diligence).Aukera is a pan-European, BESS-led renewable energy platform headquartered in Brussels. Co-founded in 2021 by Pascal Emsens and Catalin Breaban, Aukera develops, finances, constructs and operates renewable energy and battery storage infrastructure across Belgium, the United Kingdom, Germany, Romania and Italy.Aukera has close to 1 GW of projects in construction or operation and a development pipeline exceeding 14 GW. The company is backed by AtlasInvest, Reggeborgh and SFPIM, Belgium’s sovereign wealth fund, with offices in Brussels, London, Edinburgh, Berlin, Rome and Bucharest.For more information visit www.aukera.energy.EIG is a leading institutional investor in the global energy and infrastructure sectors with $27.1 billion assets under management as of June 30, 2026. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 44-year history, EIG has committed over $55 billion to the energy sector through over 425 projects or companies in 44 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For additional information, please visit EIG’s website at www.eigpartners.com.View source version on businesswire.com: This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.