Watson Farley & Williams has advised a syndicate of twelve banks acting as lenders on the project financing for two 49.9 MW concentrated solar power plants owned by Saeta Yield, Extresol 1, S.L.U. and Extresol 2, S.L.U., both located in Spain’s Badajoz province.
Galp is a leading integrated Portuguese energy company that develops profitable and sustainable businesses committed to net zero CO2 emissions by 2050.
Madrid-based Elawan is a leading company in the European renewables sector with a long-standing track record in development, financing, constructing and operating its own power plants worldwide.
The banks acted as lenders and mandated lead arrangers for the structured loan granted to the SPV and Q-Energy Puertollano Newco, S.A., partial owner of SPV and indirectly owned by Q-Energy.
Temporary windfall profit reduction mechanism on remuneration from electricity production activity in Spain23 September 2021
On 15 September 2021, Royal Decree-Law 17/2021 of 14 September 2021, providing for urgent measures to mitigate the impact of soaring natural gas prices in the retail gas and electricity markets was published in the Spanish Official Gazette and came into force the following day.
WFW advises Banco Santander on refinancing of Spain’s first hybrid solar-biomass plant22 September 2021
WFW advised Banco Santander on the refinancing of one of the world’s first ever hybrid solar-biomass plants and the first in Spain.
Vienna-headquartered Kommunalkredit is an investment bank focussed on developing sustainable infrastructure to improves the quality of people’s lives.
Madrid-headquartered Saeta Yield manages a portfolio of assets comprising 936,5 MW of wind, PV and solar thermal energy in Spain, 95 MW of wind energy in Uruguay and 144 MW of wind energy in Portugal.
Watson Farley & Williams has advised a syndicate of banks on the €283m refinancing of the 49.9 MW thermo-solar in Fuente Palmera, Córdoba, Spain.
WFW advises BayernLB on financing of Blue Elephant’s 150 MWp Spanish solar park portfolio10 June 2021
The portfolio comprises the “Fotosfera”, “Kissoro” and “Sunplex” solar parks and “Venalta” substation located in Spain’s south eastern Granada province.