Scutum Electric Vehicles

Scutum Motorcycle And Electric Battery Plant Renovation Project - Cesce Covered Facility

Industry
Transport/Automotive
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Spain

Deal Overview

Banco Sabadell has agreed a green loan to Scutum, covered by Cesce, totalling around €22 million ($23.8 million). The assets will be used to renovate and repurpose a portion of the former Nissan factory located in the Barcelona Free Trade Zone. Structured as a five-year loan with a grace period...

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Deal Volume
$23.82m
Financial Close
01/03/2024
Dealmakers

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Project Deals

Scutum Motorcycle And Electric Battery Plant Renovation Project
$23.82m
Brownfield
Automotive
Europe
Europe
Spain