JLEN Environmental Assets Group Limited Announces Extension of Revolving Credit Facility

The Board of JLEN Environmental Assets Group Limited has signed a one-year extension to its existing £170 million Revolving Credit Facility (‘RCF') and has activated its £30 million accordion facility, allowing the Company to pursue its pipeline of attractive environmental infrastructure opportunities. The extended facility will reach maturity in May 2025 and the interest charged continues to be linked to the Company's ESG performance with the margins ranging between 195bps and 205bps over SONIA ('Sterling Overnight Index Average') for Sterling and Euro borrowings. Lenders to the facility include four of the five existing lenders (HSBC, ING, National Australia Bank, Royal Bank of Scotland) plus one new lender (Clydesdale Bank).