Cerberus €130 million refinancing of Spanish wind farm portfolio

16/3/2017
Refinancing

€ 130 million

$ 139.684 million

Completed

16/3/2017


Overview:

  • Cerberus Capital Management through Spanish affiliate Renovalia Energy Group has undertaken a €130 million refinancing of a portfolio of four Spanish wind farms.
  • The four parks are Sierra Sesnández in Zamora (20MW), Loma del Capón in Granada (30.6MW), Magaz in Palencia (30MW) and Cova da Serpe II in Lugo (25.2MW).
  • CaixaBank, BBVA and Banco de Sabadell acted as lenders.
  • Cerberus acquired the four parks in 2016 when it acquired Renovalia.

Sam Duke - Editor

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