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JPMorgan, Santander Lead £1.1 Billion Loan for Drax Solar Deal
Source: Bloomberg
M&A & RestructuringCredit & Bond MarketsRenewable Energy TransitionGreen & Sustainable FinanceBanking & Liquidity
JPMorgan Chase and Banco Santander are leading more than £1 billion of debt financing for Drax Group's acquisition of renewable energy company Bluefield Solar Income Fund. The transaction supports Drax's expansion in renewable generation and represents a material financing event for the UK clean-energy sector.
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