Zenobē secures £235 million of non-recourse project finance debt from club of five banks

Zenobē, the international EV fleet and battery storage specialist, has secured a £235m long-term debt facility structured by NatWest as sole debt advisor. The financing comes from Canadian Imperial Bank of Commerce, Rabobank, Santander UK, Siemens Financial Services through Siemens Bank and NatWest to fund Zenobē’s next two grid-scale, transmission connected battery storage assets totalling 400 MW / 800 MWh.

15/02/2023, 11:02AM