Vergnet, a company which specialises in generating renewable energy (wind, solar and hybrid sources) and delivering high performing energy solutions, listed on Euronext Growth, issues a new convertible bonds facility.

This facility has been fully subscribed by Park Capital, an investment company which specialises in providing flexible equity linked financing solutions and has been structured through the issuance of warrants (Bons d’Émission) allowing the investor to subscribe convertible bonds (Obligations Convertibles en Actions) upon request of the company for a maximum global amount of 7M€.

This facility aims at pursuing the R&D efforts as well as external growth transactions.

Vergnet has been advised by Solferino Associés (Fouad Bellaaroussi & Camille Chastagner).

Park Capital has been advised by Jeantet Associés (Cyril Deniaud & Benjamin Cohu).