WFW advises lenders on financing of largest wind farm project in Spain
The Gecama wind farm will provide clean energy to approximately 260,000 Spanish households, preventing annual emissions of approximately 150,000 tons of CO2.
The Gecama wind farm will provide clean energy to approximately 260,000 Spanish households, preventing annual emissions of approximately 150,000 tons of CO2.
With €3bn+ debt and equity investments in the solar sector, Q-Energy has developed 2 GW+ solar PV and CSP assets worldwide.
EHDH has declared that the group would reach annual revenue of €1bn+ thanks to this merger (c. €650m generated by EHDH and €400m by Movianto).
With 69 turbines and a total capacity of 175 MW, the new wind farms will produce circa 450 GWh of renewable energy.
Each Class A warrant is immediately exercisable for one common share at an exercise price of $0.35 per share and will expire five years from issuance.
The transaction was represents Helios’ entry into the Spanish renewables market.
The PPA involves a 100 GWh energy supply from 100% renewable sources over the next 10 years for Telefónica’s offices, data processing and work centre facilities across Spain.
Royal Caribbean announced that it intends to use the combined net proceeds from the offerings of the Notes for general corporate purposes, which may include the repayment of indebtedness.
Richard specialises in advising lenders, borrowers and other key market participants on a wide range of financing transactions.
The project involved the acquisition of Eoliki Zaraka Rachi Gkioni Energy S.A., owner of three operational onshore wind farms, from Underfoc Holdings Limited. The wind farms, with combined capacity of 24.65 MW, are located in Lakonia in the southern Peloponnese.
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