WFW advises Commerzbank AG and ABN AMRO on German BESS portfolio financing
This transaction demonstrates strong market appetite to finance BESS platforms in Germany.
This transaction demonstrates strong market appetite to finance BESS platforms in Germany.
Located in northern Spain, the 199 MW Aragón portfolio comprises three wind farms with a combined output of approximately 142 MW and two photovoltaic (PV) plants totalling 57 MW.
The project has secured financing for its development, enabling the advancement of one of the most innovative tidal energy initiatives currently under development worldwide.
Located in the German states of Mecklenburg-Vorpommern, Brandenburg and Saxony-Anhalt, the projects will continue to be developed by Orrön Energy until construction begins and will have a combined capacity of 234 MW.
The acquisition, completed just days after receiving authorisation from the Bank of Italy, marks a significant milestone in the creation of the new Artigiancassa.
The financed portfolio has a total installed capacity of 171.74 MW
This transaction represents Repsol’s second renewable project financing, following a €348 m financing secured in December 2024 for the construction and development of a 400 MW Spanish renewable energy portfolio.
The portfolio includes gas plants at Damhead Creek, Rye House, Shoreham and Blackburn.
The portfolio includes 374 MW of operational assets and 50 MW under construction, diversified across 204 MW of solar PV and 220 MW of wind.
The transaction was concurrent with CVC DIF’s acquisition of a majority stake in the company.
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