Barclays Capital is providing a €3.3bn ($2.9bn) bridge facility to Edipower, the consortium that is acquiring Italian electricity company Eurogen.

The loan will take the form of an 18-month structured bridge facility and the proceeds will be used to finance the acquisition. Edipower's bid is valued at €3.7bn including the target's debt.

Barclays to provide bridge finance to Edipower

Piers Townsend

Barclays

Electricité de France

Morgan Stanley

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