WFW advises lender on €26m 50 MW Galp Spanish PV plant financing12 November 2021
Galp is a leading integrated Portuguese energy company that develops profitable and sustainable businesses committed to net zero CO2 emissions by 2050.
Galp is a leading integrated Portuguese energy company that develops profitable and sustainable businesses committed to net zero CO2 emissions by 2050.
We advised klimaVest, Commerz Real’s impact fund, on its acquisition of the Tout Vent wind farm from renewable energy developer BayWa r.e. This is Commerz Real’s first investment in the French renewable energy market.
Madrid-based Elawan is a leading company in the European renewables sector with a long-standing track record in development, financing, constructing and operating its own power plants worldwide.
Through this acquisition, novotegra will increase sales in existing distribution channels, as well as launch a new product range across multiple international markets through the combined sales and logistics strength.
This is among the largest French green PPAs to date in terms of volume and its delivery guarantee courtesy of the plants’ storage capacity has no precedent in France.
WFW advised on all Italian law matters relating to the acquisition documents and completion of the transaction.
The deal was signed 29th September 2021 and is expected to close by the end of the year.
WFW also advised Bpifrance, La Banque Postale and Crédit Coopératif as lenders on the €16m debt financing.
The sold portfolio consists of eight projects located in northern France in areas selected specifically for high wind speeds, all with tier-1 manufacturers and full-service contracts.
The aim is to improve the charging infrastructure for electric and plug-in hybrid fleets whilst reducing operating costs and simultaneously making an impactful contribution to climate neutrality.
In this article, we focus on what the changes in the latest draft of Master Plan VIII mean for the transition towards renewable energy in Vietnam.
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.