Watson Farley & Williams (“WFW”) has advised a syndicate of banks comprising Banco Santander, BNP Paribas and Caixabank on the €283m refinancing of the 49.9 MW CSP in Fuente Palmera, Córdoba, Spain.
The banks acted as lenders for the €283m structured loan granted to the SPV that owns the plant, which is managed by Q-energy. This financing follows Q-Energy’s acquisition from Sener and Masdar and financing of a 120 MW Spanish thermo-solar portfolio of three CSP plants, on which financing WFW also acted for the lenders.
Rodrigo commented: “I am very pleased to have been able to assist Q-Energy in its expansion plans by advising them once again on a key financing. This matter entrenches WFW’s reputation as one of the leading law firms advising on the financing of thermo-solar projects in Spain”.