OCABSA:
The company has a financing line of up to €36m with Negma group, in the form of convertible bonds into shares with share warrants (“OCABSA”). At FY21, the company has drawn €1.4m from the funding line.
At FY21 the company has:
- Zero rate loan from BPI France with €270k outstanding (with quarterly payments up to 2024)
- Loans guaranteed by the state (PGE) for a total of €1,200k (amortisation starting from 2022 to 2026)
- Green bonds for €850k outstanding (with quarterly payments up to 2023
Lastly, there is €1.7m of advances from the Ademe ont he Eolfloat project.