Hultsfred solar farm, co-developed and co-owned by Alight and Neoen, secures €53 million debt financing from Danske Bank
Stockholm, Sweden, January 27, 2024 — A €53 million debt package has been closed with Danske Bank to finance the 100 MWp solar park being co-developed in Hultsfred, Sweden by Alight, a leading Swedish solar independent power producer, and Neoen, one of the world’s leading producers of exclusively renewable energy and the project’s majority owner.The solar farm, which will supply renewable electricity to H&M Group under a long-term power purchase agreement, will become the country’s largest when commissioned in the second half of 2025. Until now, the development and construction has been