WFW advises BBVA on €42m green financing for Matrix Renewables17 February 2023
Based in Madrid and Bilbao, BBVA is one of the largest financial institutions in the world.
Based in Madrid and Bilbao, BBVA is one of the largest financial institutions in the world.
The plants will be located at La Sentiu and Linyola, Catalonia.
The 100% renewable energy that will be produced by the portfolio’s plants will reduce emissions by 340,000 tons of CO2 and supply 416,000 Spanish homes every year.
Matrix Renewables’ portfolio currently comprises 2.1 GW of operational, under construction or near ready-to-build solar PV projects.
Madrid-headquartered Saeta Yield manages a 936.5 MW portfolio of wind, photovoltaic and solar thermal energy assets in Spain.
Watson Farley & Williams has advised a syndicate of twelve banks acting as lenders on the project financing for two 49.9 MW concentrated solar power plants owned by Saeta Yield, Extresol 1, S.L.U. and Extresol 2, S.L.U., both located in Spain’s Badajoz province.
The banks acted as lenders and mandated lead arrangers for the structured loan granted to the SPV and Q-Energy Puertollano Newco, S.A., partial owner of SPV and indirectly owned by Q-Energy.
WFW advised Banco Santander on the refinancing of one of the world’s first ever hybrid solar-biomass plants and the first in Spain.
Madrid-headquartered Saeta Yield manages a portfolio of assets comprising 936,5 MW of wind, PV and solar thermal energy in Spain, 95 MW of wind energy in Uruguay and 144 MW of wind energy in Portugal.
Watson Farley & Williams has advised a syndicate of banks on the €283m refinancing of the 49.9 MW thermo-solar in Fuente Palmera, Córdoba, Spain.