Berlin-based Zolar, which supplies solar panels to consumers, has raised a €100m debt vehicle from BNP Paribas to offer financing solutions to its residential customers.
News
April 8, 2024
Zolar secures €100m asset-backed security as climate techs increasingly turn to debt vehicle
Climate tech companies supplying hardware are increasingly turning to debt vehicles like asset-backed securities
Miriam Partington and Freya Pratty
2 min read
Miriam Partington was a senior reporter at Sifted, based in Berlin. She covered the DACH region and the future of work, and wrote Startup Life , a weekly newsletter on what it takes to build a startup.

Sifted Daily newsletter
Stay one step ahead with news and experts analysis on what’s happening across startup Europe.
Recommended
Exclusive: Ovo founder Stephen Fitzpatrick to lead Kraken challenger Kaluza
Kaluza is Ovo’s equivalent to Kraken, the energy software firm created by rival energy retailer Octopus Energy
Nuclear startup Proxima Fusion eyes €1.2bn from German government
CEO confident of winning government tender set to launch later this year
Exclusive: Eventbrite cofounder launches new €250m climate fund
Cofounder Renaud Visage says the climate tech downturn is an opportunity for investors in the space


