Talesun - Sharing values with the sun.
 
  • 20.12.2016
    Talesun Solar Supplies 96 MW of Solar Modules

    to ColGreen North Shore LLC in California, USA

  • 02.12.2015
    Talesun Begins Production in Thailand

    500 MW Capacity each for Modules and Cells destined for the International Market

Contact

Talesun Energy

Phone China:
+86 512 8096 5518

Phone Germany:
+49 89 189 177 0

Phone UK:
+44 (0)20 8834 1303

Phone Italy:
+39 02 8734 3194

Phone Turkey:
+90 0212 214 7230

TERMS & CONDITIONS

Among others, the bond subscription was subject to:

I.      A Due Diligence process completion:

        - Technical Due Diligence: EOS Consulting Spa.

        - Tax Due Diligence: PricewaterhouseCoopers (PwC).

        - Legal Due Diligence: Orrick, Herrington & Sutcliffe LLP.

        - Insurance Due Diligence: Aon Group.

II.    A financial model approved by PwC and the rating agency (DBRS Limited).

III.  An investment grade rating by DBRS Limited, a globally recognized provider

       of timely credit rating opinions (http://www.dbrs.com).

TENOR

From the date of Financial Closing until the Final Maturity Date (30.06.2032) to fall no later than a year before end of the Feed-In Tariff* Expiry Date.

*The feed-in tariff is a pre-determined amount on energy produced which applies during the entire incentive life and is not indexed to inflation. The applicable feed-in tariff depends, in fact, on the commercial operation date of the plant and the incentives scheme -the so called, Conto Energia- applicable in that period.

REPAYMENT

Senior principal and interests paid off on a semi-annual basis (June 30th and December 31st).

INTEREST RATE

4.20%.