WFW advises Valorem on its first CPPA with SNCF Energie
We advised independent French green energy operator Valorem on the signing of a long-term power purchase agreement with SNCF Energie.
We advised independent French green energy operator Valorem on the signing of a long-term power purchase agreement with SNCF Energie.
The loan was backed by German ECA Euler Hermes.
The plants supply Telecor, S.A. with electricity under a power purchase agreement agreed in Q4 2022.
The transaction involved a financing structure based on a power purchase agreement and is one of few brownfield refinancings to successfully complete to date in Spain.
Under the agreement, all the renewable energy produced by Goethe Energy’s hydroelectric plants in Italy will be purchased by GDE.
WFW has been advising the sellers for several years on project development, land rights acquisition and corporate matters.
The portfolio comprises three solar PV plants in Cuenca, Castilla-La Mancha, Spain.
As part of the deal, WFW also advised Sonnedix on the signing of a twelve-year PPA.
The portfolio comprises five solar PV plants in Valladolid, Castilla y León, Spain.
The PV plant is located in the municipality of Mula in Murcia, Spain.