Emerald Solar Farm
![Emerald Solar Farm](https://cdn.prod.website-files.com/61e4f5b05652a609e6f87a59/6268d6cd2601c30529b2c49a_Emerald%20Photo%20(002).jpg)
Year
2019
Location
Queensland
Sector
Energy
Role
Financial Advisor
Value
Undisclosed
Planum was engaged by a sponsor to support an Australian solar farm with the conversion of its construction debt facility into term debt.
As a result of RCR’s insolvency the project was faced with a number of final completion challenges including mitigating several events of default under its project financing arrangements.
Planum worked alongside the sponsor, project developer and existing lenders to negotiate and manage a successful conversion process.