Chief Executive Officer - Renewable energies company
"In July 2017, we refinanced one of our solar projects. We called on ESTER to advise us on interest rate hedging subjects both on unwinding the initial financing and on the new financing. They assisted us in the economic analysis of the transaction, the management of the interest risk throughout, as well as the drafting of the financial technical clauses in the debt and hedge documentation (e.g calculation of indemnities in case of early repayment). ESTER allowed us to significantly improve the control of risks in the transaction, the deep understanding of complex financial issues, and, importantly, to realize significant financial savings for the project. Offering easy access, a very good level of reactivity, and very clear communication, ESTER plays with both determination and flexibility when interacting with our banking partners, allowing us to obtain better terms both from lenders and hedging banks while preserving our partnership with them. We recommend ESTER without reserve, and are looking forward to work with them anew on our next project."