Helios II

Helios II SA · Germany · Active

Deal Pipeline

Medium Confidence

Some data gaps or assumptions — review before distributing.

Information completeness3 verified · 1 assumed · 2 pending

Assessment coverage4 criteria evaluated

Mandate Alignment

Investor Appetite

Sponsor Credibility

InvestEU Window

Data gaps (8)

TermSizingTermPricingBlockingWhat is Helios II SA's primary business activity and sector (e.g. solar PV, wind, energy efficiency, other)?BlockingPlease provide EBITDA for years N, N-1 and N-2 (audited accounts or management accounts acceptable at this stage).BlockingWhat is the purpose / use of proceeds for this EUR 10M facility?BlockingWhat is the headcount (number of employees) for years N, N-1 and N-2?BlockingPlease provide the full shareholder structure: name, entity type (individual / PE / VC / industrial / public), and % ownership. Does any single shareholder hold >25%?BlockingPlease provide total revenue and total balance sheet (total assets) for years N, N-1 and N-2.

Alter5 Assessment

CONDITIONAL GO

Alter5 Fit

45/100

Investor Appeal

82/100

Headline Terms

Term	Value	Tag	Note
Tenor	3–7 years	CONVENTION	⚠️ No Germany-specific convention found in database. Fallback applied. All convention terms must be verified by Alter5 team before use.
Amount	10,000,000	CONFIRMED	EUR 10,000,000 as requested by sponsor.
Sizing	PENDING	PENDING	BLOCKING. EBITDA required for dual sizing pass. Bank max = EBITDA × 4.0x (CONVENTION, fallback). Debt fund max = EBITDA × 5.0x (CONVENTION, fallback). Neither can be validated against requested EUR 10M without financials.
Pricing	PENDING	PENDING	Cannot propose pricing without confirmed sector, EBITDA, and leverage. Fallback convention range: 200–400 bps (bank) / 400–800 bps (debt fund). Both PENDING until financials provided.
Currency	EUR	CONFIRMED	—
Template Key	corp_standard	CONFIRMED	Corporate Standard vanilla loan. No external guarantee or asset pledge assumed. Alternatives to review: corp_parentcompanyguarantee, corp_assetbacked, corp_holdco, corp_eif.

Critical Q&A — 10 questions

What is Helios II SA's primary business activity and sector (e.g. solar PV, wind, energy efficiency, other)?

BlockingStructure Financials· sector / mandate alignment

Please provide EBITDA for years N, N-1 and N-2 (audited accounts or management accounts acceptable at this stage).

BlockingStructure Financials· debt sizing

What is the purpose / use of proceeds for this EUR 10M facility?

BlockingStructure Financials· purpose / covenants

What is the headcount (number of employees) for years N, N-1 and N-2?

BlockingEif Eligibility· EIF eligibility classification

Please provide the full shareholder structure: name, entity type (individual / PE / VC / industrial / public), and % ownership. Does any single shareholder hold >25%?

BlockingEif Eligibility· EIF eligibility / group contamination

Please provide total revenue and total balance sheet (total assets) for years N, N-1 and N-2.

BlockingEif Eligibility· EIF eligibility / sizing

What is the current total net debt / existing leverage of Helios II SA?

ImportantStructure Financials· debt sizing headroom

What security package is proposed (asset pledge, floating charge, parent guarantee, other)?

ImportantStructure Financials· security package / template selection

What is the preferred tenor and repayment profile (bullet / amortising / hybrid)?

ImportantMarket Timeline· tenor / repayment schedule

What is the target signing / first drawdown date?

ImportantMarket Timeline· transaction timeline

Analysis Info

Statuscomplete

ProductCorp Standard

Lender segmentbroad

Run on5 Apr 2026

Re-running will overwrite the current draft analysis.

Matched Investors

(10)

1Tres Mares Capital Corporate Lending

GeographyTicket sizeReturn profile

Global mandate. EUR 10M within ticket range. High single digit return mandate aligns with corporate senior profile.

2Hollowitz Capital (PF & CL – LSD/HSD/SS)

GeographyTicket sizeReturn profile

Multi-strategy mandate (LSD/HSD/Special Situations). EUR 10M within range. High flexibility across return targets.

3Capital Four

GeographyTicket size

Global mandate. EUR 10M within range. Sector not in core sustainability mandate but not excluded.

4NomuraEIF

GeographyTicket size

⭐ EIF Intermediary. EUR 10M within range. Activatable for EIF Sustainability Portfolio Guarantee if eligibility confirmed.

5Finlight

GeographyTicket size

EUR 10M within range. Sector not excluded.

6IbercajaEIF

GeographyTicket size

⭐ EIF Intermediary. EUR 10M within range. Activatable for EIF Sustainability Portfolio Guarantee if eligibility confirmed.

7Arcano Debt

GeographyTicket size

EUR 10M within range. Sector not excluded.

8IFM Debt

GeographyTicket size

EUR 10M within range. Infrastructure/debt mandate. Sector not excluded.

9Kartesia Corporate Lending

GeographyTicket size

Specialist corporate lending mandate. EUR 10M within range.

10HAUCK AUFHÄUSER LAMPE Debt

GeographyTicket size

Germany-based lender — home market advantage for this deal. EUR 10M within range.