Cory Riverside Energy has announced the completion of a £520 million debt refinancing package for its Riverside Energy from Waste (EfW) plant in Belvedere, East London.
According to Cory, the refinancing package demonstrates the great confidence in the facility as a key piece of waste infrastructure within London.
The Belvedere incinerator in south east London. Cory will focus on EfW as its core business
As part of the deal existing senior term debt was refinanced with a £420.5m multi-tranche senior facility and a £98m junior facility. Lenders include both infrastructure-focused banks and well-known institutional lenders, according to Cory.
The Belvedere facility is among the largest energy from waste pl…
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