The project has secured financing for its development, enabling the advancement of one of the most innovative tidal energy initiatives currently under development worldwide.
The financed portfolio has a total installed capacity of 171.74 MW
WFW has advised Elawan Energy on a €76m non-recourse financing granted by Natixis for the financing of a 175 MW portfolio in Spain.
WFW advised Banco Sabadell on a financing granted to Enerparc AG for its 68 MWp solar PV portfolio the Balearic Islands, Spain.
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 partners’ expertise ensures WFW continues to expand and succeed through 2024 and beyond.
The portfolio has a total capacity of 300 MW.
We advised Elawan Energy on a €150m debt financing for the construction of a 171 MW portfolio comprising four wind farms and one photovoltaic plant in Spanish regions of Castile La Mancha and Castile & Leon.
This is the first CESCE-backed green loan underwritten by Grenergy Renovables.
The plants supply Telecor, S.A. with electricity under a power purchase agreement agreed in Q4 2022.
The financing is the first green loan granted to a Spanish energy company by EKSFIN.
The portfolio comprises twelve wind farms and seven solar photovoltaic plants.
