The Swiss renewable energy group,EnergyMixx
, has engaged the
branch ofDeutsche Bank
to act as sole mandated lead manager and arranger for at least €500m (£388m) of financing.
The non-recourse finance debt will be used to invest in the company’s renewable energy projects in
These projects comprise around 50 per cent of existing funds. In the meantime, EnergyMixx has a number of proposed projects that are scheduled to begin in the first quarter of next year and be completed by 2011.
Artur Dela, chairman at Energy Mixx, said: ‘The mandate with Deutsche Bank represents a significant milestone in our company. It marks a crucial step in enabling our transition from a technology acquirer to becoming a leading owner and operator of renewable energy assets.
'With Deutsche Bank’s global capital-raising expertise we look forward to identifying further sources of funding for our project implementation in