WFW advises MUFG and ICO on €134m Nexwell Power Spanish portfolio financing12 March 2026
The portfolio comprises 248MW utility scale renewable assets in Spain’s Andalucía and Aragón regions.
The portfolio comprises 248MW utility scale renewable assets in Spain’s Andalucía and Aragón regions.
The financing will be used for the development, construction and project costs of numerous ground-mounted solar PV projects.
The projects have a combined total capacity of 239 MW.
The portfolio comprises 12 operational wind farms with a total aggregate capacity of 487 MW.
Founded in France in 2008, Reden is a leading independent producer of photovoltaic renewable energy.
The portfolio currently produces clean energy equivalent to the electricity consumption of about 23,000 households.
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.
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