Bloomberg News

TEP Solar Signs 19 Million-Euro Loan to Fund Projects in Italy

December 20, 2011

Dec. 20 (Bloomberg) -- TEP Solar Ltd. signed a project financing loan for about 19.3 million euros over about 18 years, it said in an e-mailed statement.

TEP Solar signed the facility, which will fund solar photovoltaic plants in Italy, with Unione di Banche Italiane ScpA’s corporate and investment banking division, according to the statement.

TEP Solar is a subsidiary of Trading Emissions Plc.

To contact the editor responsible for this story: Paul Armstrong at parmstrong10@bloomberg.net


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