FER X Decree 2026: incentive procedures for RES plants until 31 December 2030
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.
With a total installed capacity of 60.5 MWp, the projects represent a significant addition to SAGST’s renewables platform and will contribute to Spain’s energy transition targets.
Velto will acquire 163 MW of regulated PV projects from Helia II FCR, an investment vehicle promoted by Bankinter Investment and Plenium Partners.
Access to the support mechanism, is granted through participation in competitive public procedures announced by the GSE.
The project benefits from European Union support under the InvestEU Fund, with the project sponsor being European Energy A/S.
Italy’s new transitional FER X decree: incentives for electricity production from plants fuelled by innovative renewable sources with generation costs close to market competitiveness up until 31 December 2025.
Amarenco secured this financing with Sienna Investment Managers, which is subordinated to a pool of bank lenders.
One of the projects will be the subject of a power purchase agreement with a first-rate counterparty.
We advised Elawan Energy on a €150m debt financing for the construction of a 171 MW portfolio comprising four wind farms and one photovoltaic plant in Spanish regions of Castile La Mancha and Castile & Leon.
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