WFW advises Banco Santander on €90m Altano Energy 107.37 MW portfolio financing and Altano Energy on related PPA with Engie España25 January 2023
The PV plant is expected to be operational in 2024.
The PV plant is expected to be operational in 2024.
The bank acted as lender for a structured loan granted to the three SPVs that own the plants.
Energia has one of the largest dedicated wind and solar investment teams in Europe and is currently investing in its fifth renewable energy fund, Taaleri SolarWind II fund.
Galp is a leading integrated Portuguese energy company that develops profitable and sustainable businesses committed to net zero CO2 emissions by 2050.
WFW advised Banco Santander on the refinancing of one of the world’s first ever hybrid solar-biomass plants and the first in Spain.
The portfolio comprises the “Fotosfera”, “Kissoro” and “Sunplex” solar parks and “Venalta” substation located in Spain’s south eastern Granada province.
The portfolio comprises 62 plants with a total installed capacity of 154 MW.
With €3bn+ debt and equity investments in the solar sector, Q-Energy has developed 2 GW+ solar PV and CSP assets worldwide.
This is one of few “merchant” plant financings in Spain, with the project expected to sell its energy, first through a PPA, and then directly to market.
Grupo Hospitalario Recoletas is a leading Spanish healthcare group specialising in the management of hospitals and private healthcare clinics.