Bruc Alter Energias Renovables, a joint venture (JV) between Bruc Energy, an investment vehicle of Bruc Management, and solar PV specialist Alter Enersun, has closed loan financing for the recently completed 50 MW Huelva 2021 solar photovoltaic (PV) project in Andalusia, Spain.
Banco Sabadell has acted as a lender for the structured loan granted to the SPV that owns the plant.
Watson Farley and Williams (WFW) has advised Banco Sabadell on the transaction..
Country updates
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August 18, 2021
Iberdrola commissions the 63 MW Herrera II wind complex in Castile and León
Iberdrola SA has started the commercial operation of the 63 MW Herrera II wind complex located in Castile and León region, Spain. The Herrera II wind complex is comprised of three located in L...
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August 12, 2021
Spanish Gov approves IFM's acquisition of 22.7% stake in Naturgy
IFM Investors, the Australian pension fund owned manager, has received the Spanish Government's approval of the voluntary partial tender offer for up to 220 million shares or 22.689% of Naturgy's shar...
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August 10, 2021
ORIX completes acquisition of 80% stake in Elawan Energy
ORIX Corporation has completed its acquisition of majority stakes in Elawan Energy S.L. (Elawan), after its European subsidiary, ORIX Corporation Europe N.V., secured regulatory approvals to acquire 8...
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August 09, 2021
Sonnedix starts construction of 50 MW solar project in Badajoz
Sonnedix has started the construction of a 50 MW solar photovoltaic plant, Sonnedix Los Frailes, located in Badajoz, southwest of Spain. Sonnedix Los Frailes will be built on 111-hectare land, becomi...
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August 09, 2021
Greenalia secures planning permit for 46.2 MW Bustelo wind project
Greenalia has been granted the development planning permit for the development of a 46.2 MW wind farm project located in Galicia, northwest Spain. The Bustelo wind farm project consists of...
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