JLEN Environmental Assets (LSE:JLEN) told investors that it has signed a one-year extension to its existing £170mln revolving credit facility and has activated a £30mln accordion facility.
The extended facility will reach maturity in May 2025 and the interest charged continues to be linked to the Company's ESG performance, the company noted in a statement.
"We are delighted with the extension of the RCF under existing terms despite the challenging credit environment. This is a testament to the strength of our investment strategy," said chair Ed Warner.