Alelion Energy Systems secures financing of MSEK 45 in total by extension of loans and credits until March 2022
Alelion Energy Systems has extended an already approved loan of 30 MSEK until March 2022 and prolonged the overdraft of an additional 15 MSEK. The extension has been granted with the help of guarantees from the company’s largest owners and is part of the work to secure the company's long-term financing.The funding has been provided by Swedbank and been guaranteed by all of the company’s major owners. In parallel, work is underway to review the company's long-term need of capital and funding alternatives. In the spring Alelion appointed the investment bank Redeye as financial adviser with