Enersize receives project financing from Loudspring
Enersize Oyj (”Enersize”) has received project financing of EUR 250,000 from the major owner Loudspring Oyj (“Loudspring”), as a part of Loudspring’s growth financing program from NEFCO (Nordic Environmental Finance Corporation). The project financing is meant to establish scope for the continued development of Enersize's Chinese projects in connection with the major investment in the European market that Enersize initiated in connection with the acquisition of LEAQS during Q4 2018.The loan is issued as two non-overlapping equally large tranches of EUR 250,000. Payment of the first tranche