The three plants – 50 MW Los Belos, 11.2 MW El Muelle and 50 MW Montesol – are all located in the Spanish region of Aragon and have been fully operational since 2020.
Once connected, the assets are expected to generate enough energy to fully power over 250,000 Spanish households, reducing their carbon footprint by over 330,000 metric tons of CO2 emissions per year.
The portfolio projects is located in the Spanish provinces of Palencia and Valladolid.
This is Europe’s largest solar corporate VPPA for the packaging industry to date.
The plants, with total capacity of approximately 55 MW, will be located in the municipalities of Tessennano and Viterbo and are owned by Tayan Energy.
The three year short-term loan will finance the development of a 600 MW portfolio of 14 photovoltaic projects in the Lazio, Tuscany and Apulia regions.
Global renewable energy platform Vortex will invest over €625m into Ignis through its newly launched Vortex Energy IV Fund.
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.
The facility provides LSbp with flexible corporate financing across its group to help deliver its strategy in the UK, continental Europe, the Americas and Asia Pacific.
