(Telestock) – ATON Green Storagea company listed on Euronext Growth Milan and active in the field of energy storage systems for photovoltaic plants, has approved some new bank financing operations.
In particular, the operations involve the stipulation of: a loan at BPM Bankfor a maximum amount of 2 million euros plus relative coverage, lasting 60 months, including 6 months of pre-amortization, to be repaid in quarterly installments and guaranteed by an MCC guarantee; of a loan from BPERfor a maximum amount of 6 million euros plus relative coverage, lasting 60 months, to be repaid in monthly installments and covered by FEI guarantee; of a loan from UniCreditfor a maximum amount of euros 4 million euros plus related coverage, lasting 60 months, to be repaid in quarterly installments and covered by MCC guarantee.
The operations – as stated in a note – are aimed at participating in competitions of tenders for medium-large photovoltaic and storage systems, as these are activities that may require the advance payment of significant purchases and therefore with related potential temporary cash requirements.
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