Renovalia Solar €423 million refinancing

Overview:

• Renovalia Solar’s photovoltaic portfolio—one of the largest of its kind in Spain—has undergone debt refinancing of €423 million.
• The portfolio comprises three major photovoltaic projects—in Casa de los Pinos, Puertollano and Albacete—with an aggregate maximum capacity of 69MW that was refinanced in three consecutive phases.
• The three banking syndicates involved were led by Banco Santander.

Adam Majeed - Regional editor