Santander Corporate & Investment Banking has provided Altano Energy with about EUR90 million (US$97.7 million) in long-term, non-recourse financing for a 107 MW solar photovoltaic (PV) and micro hydro project in Spain.
The portfolio consists of operational mini hydropower plants and a ready-to-build solar farm. No other information regarding the assets was disclosed.
Altano has more than 350 MW of plants in operation and projects under construction on the Iberian Peninsula.