WFW advises lenders on 540 MW solar and battery storage portfolio financing20 June 2023
The financing structure covers the first 540 MW of projects in the portfolio, and includes fully committed senior debt facilities and an equity bridge loan.
The financing structure covers the first 540 MW of projects in the portfolio, and includes fully committed senior debt facilities and an equity bridge loan.
This transaction resulted from HSBC’s decision to sell its Greek shipping portfolio, of which Piraeus Bank acquired the highest number of loans.
The transaction marks a key step in PSL’s aim to reach 5 GW of renewable capacity across Europe by 2026.
These are the first sustainability-linked loan facilities secured by Sonnedix.
The Höegh Esperanza and Höegh Gannet are two of three FSRUs located in Germany as of early 2023.
WFW advised a syndicate of banks on a first of its kind green financing to New Zealand’s state-owned rail operator KiwiRail Holdings Limited.
The facility will be used initially to further finance and develop the Dussafu license offshore Gabon.
The entire portfolio was originally valued at €1.5bn and comprises assets across Europe and the US.
The project is being developed by OW, a joint venture between Engie and EDP Renewables.
The project, led by Swedish energy company Vattenfall is expected to become fully operational in 2023 and is the first non-subsidised wind farm project in the Netherlands.
Oak Hill has acquired over 110,000 containers from Aves One. The portfolio is valued at c. US$182.5m and the structure involved both asset and debt elements between the parties.
Finerge is Portugal’s second-largest renewable energy producer. It operates 53 wind parks and 16 photovoltaic plants across Portugal and Spain.