WFW advises Banco Santander on refinancing of Spain’s first hybrid solar-biomass plant22 September 2021
WFW advised Banco Santander on the refinancing of one of the world’s first ever hybrid solar-biomass plants and the first in Spain.
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.