WFW advises lenders on €348m financing for Repsol Renovables22 January 2025
Repsol has a portfolio of 60,000 MW in various stages of development.
Repsol has a portfolio of 60,000 MW in various stages of development.
The financing is for the acquisition, construction and development of a pipeline of renewable projects.
We advised ICO, Sabadell and HSBC on a €500m ECA-backed green loan guaranteed by Spanish ECA Cesce and granted to Iberdrola to finance the construction and development of renewables projects in the US, Australia, and Italy.
The financing enables the construction of nearly 2 GW of solar and battery storage assets.
The portfolio has a total capacity of 300 MW.
We advised on a loan granted by Santander CIB to Greening Group for the construction and development of 148 roof-mounted and ground self-consumption photovoltaic units at poultry processing facilities owned by the Bachoco group in Mexico.
This is the first CESCE-backed green loan underwritten by Grenergy Renovables.
The portfolio comprises twelve wind farms and seven solar photovoltaic plants.
The PV plant is expected to be operational in 2024.
The financing, which has a maximum maturity term of 15 years, is the largest ECA-backed green loan Iberdrola has ever signed.
Madrid-headquartered Saeta Yield manages a 936.5 MW portfolio of wind, photovoltaic and solar thermal energy assets in Spain.
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