WFW advises Abanca on wastewater treatment infrastructure project refinancing1 August 2023
The assets were refinanced under a PPP structure in a facility agreement subject to Spanish Law.
The assets were refinanced under a PPP structure in a facility agreement subject to Spanish Law.
WFW carried out the vendor’s due diligence process and the drafting and negotiation of the sale and purchase agreement.
The portfolio currently produces clean energy equivalent to the electricity consumption of about 23,000 households.
The platform will be overseen by two managers with 50 years combined experience in the Spanish telecoms sector.
The wind farm, located in Merindad de Valdeporres in the Spanish region of Castille & Leon, has been fully operational since 2005.
The proposed acquisition would allow Societe Generale to broaden its offering for retail and online merchants.
Sonnedix is a global independent solar power producer (IPP) with a proven track record in delivering high performance, cost-competitive solar photovoltaic plants to market.
Acting as transaction advisors, WFW carried out the due diligence process, as well as the drafting and negotiation of the SPA, and several other ancillary agreements, as well as the closing of the transaction.
The transaction was represents Helios’ entry into the Spanish renewables market.
Sonnedix is a leading global independent solar power producer, with a 1.8 GW portfolio of projects worldwide, both operational and under development.