WFW advises GE EFS on acquisition of 50% stake in Alfanar renewables portfolio17 November 2023
The portfolio comprises five wind farms and three photovoltaic plants.
The portfolio comprises five wind farms and three photovoltaic plants.
The portfolio comprises three solar PV plants in Cuenca, Castilla-La Mancha, Spain.
The plants will be located at La Sentiu and Linyola, Catalonia.
The electricity will be supplied by the 169 MWp Olmedilla and 155.2 MWp Sabinar I projects.
With over €1.4bn under management, RGREEN INVEST is an independent French investment management company with a proven track record in investing and financing the energy transition and adaptation to climate change.
Global renewable energy platform Vortex will invest over €625m into Ignis through its newly launched Vortex Energy IV Fund.
This financing follows Noy Fund’s recent acquisition of a majority stake in the Olmedilla plant, on which WFW also advised. The acquisition was Noy Fund’s first investment in Spain.
This represents Noy Fund’s first investment in Spain.