BCLP Advises A Banking Pool On A RCF Line For The Benefit Of Elements

International Law firm BCLP advised the banking pool led by Crédit Agricole du Languedoc on the establishment of a €38 million Revolving Credit Facility for the benefit of Elements, with a potential extension to €50 million. The facility has a 3-year term, with two additional years available as options, and is intended to support the company's development projects in France and Italy.

Founded ten years ago in Montpellier, Elements is a renewable energy producer whose mission is to supply decarbonized electricity from projects it develops in-house. Its business model is built around a participatory development approach, involving participatory investment, engagement with local municipalities and consultation with local residents. The company provides turnkey solutions thanks to its expertise across all stages of project development and operation, as well as major renewable technologies. Elements has offices across France (Montpellier, Paris, Lyon, Bordeaux and Guadeloupe) and is