WFW advises lenders on €175m 300 MW solar portfolio green financing4 April 2024
The portfolio has a total capacity of 300 MW.
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.