The project and financing agreements were signed on 21 April 2023.
As part of the deal, WFW also advised Sonnedix on the signing of a twelve-year PPA.
Matrix Renewables’ portfolio currently comprises 2.1 GW of operational, under construction or near ready-to-build solar PV projects.
The bank acted as lender for a structured loan granted to the three SPVs that own the plants.
Watson Farley & Williams has advised a syndicate of twelve banks acting as lenders on the project financing for two 49.9 MW concentrated solar power plants owned by Saeta Yield, Extresol 1, S.L.U. and Extresol 2, S.L.U., both located in Spain’s Badajoz province.
Galp is a leading integrated Portuguese energy company that develops profitable and sustainable businesses committed to net zero CO2 emissions by 2050.
Madrid-headquartered Saeta Yield manages a portfolio of assets comprising 936,5 MW of wind, PV and solar thermal energy in Spain, 95 MW of wind energy in Uruguay and 144 MW of wind energy in Portugal.
The 5.500sqm building will hold the first physical store of WOW, a new venture conceived and developed by the former CEO of top Spanish retail chain El Corte Inglés.