Paris, 15 December, 2025 – Renewable energy company Qair, announces the closing of its inaugural syndicated loan totalling €240 million. This transaction strengthens the Group’s financial structure and supports the refinancing of part of its existing debt.
This secured financing comprises:
- A €130 million amortizing loan with an initial 3-year maturity, extendable twice for one additional year each (3+1+1 structure);
- A €110 million revolving credit facility, with the same maturity terms;
- An accordion option of up to €100 million, allowing for the inclusion of additional banking partners.
The syndicated loan was concluded with a consortium of 10 leading international banks, with Natixis Corporate & Investment Banking acting as Sole Coordinator and Documentation Agent; Banque CIC Sud Ouest, BNP Paribas, Caisse d’Epargne et de Prévoyance Languedoc-Roussillon, Caisse Régionale de Crédit Agricole Mutuel du Languedoc, Crédit Agricole Corporate and Investment Bank, Crédit Lyonnais, and Natixis Corporate & Investment Banking acting as Mandated Lead Arrangers and Bookrunners; Bpifrance and Société Générale as Mandated Lead Arrangers; and Banque Populaire du Sud as Lead Arranger.
BNP Paribas and Group Crédit Agricole (Caisse Régionale de Crédit Agricole Mutuel du Languedoc and Crédit Agricole Corporate and Investment Bank) will act as Sustainability Coordinators while Crédit Agricole Corporate and Investment Bank will serve as Agent and Security Agent.
Qair is also in advanced discussions with several institutions to join the existing banking pool via the accordion mechanism.
This transaction enables Qair to:
- Optimize its capital structure by consolidating existing credit lines;
- Refinance a €45 million bond maturing in February 2026;
- Support general corporate purposes.
Ashurst acted as Lenders legal advisor in the establishment of the loan, and Qair was advised by Bryan Cave Leighton Paisner.
About Qair
Qair is an independent renewable energy company developing, financing, building, and operating solar, wind, waste-to-energy, storage and green hydrogen production assets.
With 1.7 GW of capacity in operation or construction, the Group’s 780 employees are developing a portfolio pipeline of 35 GW in 20 countries across Europe, Latin America and Africa. Our ambition is to become an independent leader in responsible energy.
For media inquiries, please contact:
- Media Relations : press@qair.energy | +33 (0)1 79 35 67 11