WFW advises Banco Santander on €1bn ECA-backed green loan to Iberdrola4 May 2022
The financing, which has a maximum maturity term of 15 years, is the largest ECA-backed green loan Iberdrola has ever signed.
The financing, which has a maximum maturity term of 15 years, is the largest ECA-backed green loan Iberdrola has ever signed.
X-ELIO is a global leader in the development of sustainable energy with a strong commitment to the reduction of greenhouse emissions and the fight against climate change.
The bank acted as lender for a structured loan granted to the three SPVs that own the plants.
Until now, PPAs have been negotiated and executed individually between different energy producers and off-takers, without common standards between them
Madrid-headquartered Saeta Yield manages a 936.5 MW portfolio of wind, photovoltaic and solar thermal energy assets in Spain.
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.
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.
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