WFW advises Citi on €500m ECA-backed green loan for Iberdrola2 August 2023
The financing is the first green loan granted to a Spanish energy company by EKSFIN.
The financing is the first green loan granted to a Spanish energy company by EKSFIN.
The loan was structured as a green facilities agreement.
The transaction involved a financing structure based on a power purchase agreement and is one of few brownfield refinancings to successfully complete to date in Spain.
The fourteen plants are all located in the Spanish regions of Aragon and Castilla-La Mancha.
This article explores recent changes to Spain’s e-mobility legislative framework as the government ramps up its promotion of the decarbonisation of the transport sector as part of the country’s energy transition between 2030 and 2050.
The bank acted as lender for a structured loan granted to the three SPVs that own the plants.
Oryx Power develops, manages and invests in renewable energy assets in Europe, Latin America and Africa from origination to the operational phase.
The three plants – 50 MW Los Belos, 11.2 MW El Muelle and 50 MW Montesol – are all located in the Spanish region of Aragon and have been fully operational since 2020.
Energia has one of the largest dedicated wind and solar investment teams in Europe and is currently investing in its fifth renewable energy fund, Taaleri SolarWind II fund.
This article explores recent developments in Spain’s e-mobility legislative framework as the Government steps up its promotion of the decarbonisation of the transport sector as part of the country’s energy transition between 2030 to 2050.
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