Forsee Power announces the drawdown of a tranche of 10 million euros from the European Investment Bank (EIB), as part of the credit agreement for a maximum principal amount of 50 million signed with this institution in December 2020.

This tranche will be disbursed on December 18 and bears annual interest of 3% and capitalized interest of 1.5% payable in fine upon repayment of the principal (maturing in five years). Funds from the drawdown will be used in 2024 to reinforce production capacity.

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