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Case Study

Refinancing debt

Headquartered in Magdeburg, Germany, GETEC is a privately-owned leading European provider of essential energy infrastructure solutions

Case Study

Refinancing debt

Headquartered in Magdeburg, Germany, GETEC is a privately-owned leading European provider of essential energy infrastructure solutions

At a Glance

With over 12,000 plants generating more than 6 GW or thermal energy for communities and industries, GETEC is active in a total of seven countries from its four regional platforms in Germany, Italy, Switzerland, and the Netherlands.

In August 2024, Pricoa Private Capital participated with CHF 209 million 15-year Senior Secured Notes along with other banks and institutions in a ~€3 billion transaction.

The transaction allowed GETEC to refinance and term out existing debt and set up additional bank lines for future growth.

GETEC’s benefits include access to diversification of funding sources beyond the bank market, locking in long-term maturities, and funding in local currencies.

Relationship Since 2024
Transaction details:
  • CHF208,945,000 Senior Secured Fixed Rate Notes
Meet the Team
"We are excited to start a partnership with GETEC through this investment, assist the owners in their growth strategy, and look forward to supporting the company in the years to come.”
Steven Hendricks and Florian Seifert Investment Professionals Pricoa Power and Pricoa Germany

The Full Story

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Meet our team

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Florian Seifert headshot
+49.69.9552.8717
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Northern Germany, Austria, Eastern Europe & Nordics

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