Flexam Invest closes its first transaction in space sector
We are pleased to share that Space Leasing International (SLI), one of Libra Group’s aerospace subsidiaries, has partnered with Flexam Invest (a.k.a. Kartesia Asset Finance) to support a portfolio of assets valued at in excess of $95 million, of which a portfolio of 13 space antennas.
A leading European financial institution with over a decade of asset financing, Flexam Invest (Kartesia Asset Finance), is a longstanding and trusted financial partner of Libra Group and its subsidiaries, with a strong track record of joint investments. These include a landmark investment with EuroEnergy in 2019 the European RenewableEnergy subsidiary, marking Flexam’s first investment in Greece and a partnership with LCI one of Libra’s aerospace subsidiaries, for the launch of one of its first helicopter co-investment vehicles in 2019.
Thank you to Libra Group / Space Leasing International (SLI) for their trust with this transaction! Fabrice Fraikin, managing partner director and co-founder of Flexam Invest (Kartesia Asset Finance), confirms: “We are delighted to contribute to the development of the aerospace asset leasing business of our loyal partner Libra, through its subsidiary SLI, with whom we have forged strong links since 2019. Our teams are proud to finance the growth of assets as innovative and promising as space antennas, which also contribute to the diversification of our portfolio.”
