Orron Energy AB announced that it has entered into a revolving credit facility of MEUR 150 at attractive terms and conditions enabling a flexible capital structure. The secured multi-currency revolving credit facility has a three-year maturity, with two subsequent one-year extension options. The floating interest rate margin is less than 2% above EURIBOR1.

The credit facility also includes an additional MEUR 150 accordion option, adding increased capacity to finance future growth. The structure of the credit facility provides a high degree of flexibility, allowing the Company to optimise its capital allocation structure and support its ambitious growth plans. The facility will replace the current MEUR 100 bridge financing facility entered into in August 2022.