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
Could the Iran war boost Europe’s climate startups?
Some VCs report their climate startups are already seeing an increase in sales
EQT and World Bank back ‘flying ferry’ startup Candela as it raises €30m to fuel global rollout
Candela opens second factory in Poland to ramp up production
ChangeNOW 2026 turns Paris into a global hub for impact investment
As impact sectors look to scale faster, ChangeNOW is bringing together founders, investors and partners in Paris this month with $10bn in fundraising ambitions


