Watson Farley & Williams (“WFW”) has advised Naturgy Renovables on a €600m green financing granted by BBVA and CaixaBank to the subsidiary of Naturgy Energy, S.A. (“Naturgy”).
BBVA and CaixaBank acted as coordinating entities, bookrunners, MLAs and green agents.
Naturgy is a leading multinational company in the energy sector, present in Spain and Latin America, and a pioneer in gas and electricity integration. Its subsidiary, Naturgy Renovables, manages the group’s activities in the renewable energy sector.
Rodrigo commented: “We are delighted that Naturgy chose WFW to advise on the financing negotiations for this innovative and strategically significant green financing. Once again, with this deal, WFW entrenches its position as a leading legal adviser in project financings in Spain, as well as the go-to firm for green financings“.