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Gassi and Lamadji hit first drawdown on €37.9m solar deal
Original: Gassi and Lamadji reach first drawdown on a €37.9m solar and storage package
The Gassi and Lamadji projects have reached the first drawdown of a €37.9 million financing package combining solar power with battery storage. The milestone releases the first tranche of funds, allowing construction and procurement to move ahead. The deal is being watched as an example of how blended finance structures are being used to push large solar-plus-storage projects toward completion.
Why now: The first drawdown is a key financing milestone signalling the projects are moving into active implementation.
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Evidence
- Gassi and Lamadji reach first drawdown on a €37.9m solar and storage package · Energy News Network
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