Ellomay Capital Ltd. has conducted a pre-hedge transaction as a protection to the financing for the 300 MW Talasol solar project located in Talaván, Cáceres, Spain. As the facility is nearing financial closing, potential changes in the interest rates are ensured to prevent any material effect on the feasibility.
The transaction, carried out by Talasol Solar SL with Goldman Sachs, entails a fixed for floating interest rate swap in order to lock-in current market floating rates.
Commercial operation is expected in the first half of 2020.
Country updates
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July 13, 2018
La Caisse funds 250 MW solar portfolio
A total of CAD150 million (USD 114m) has been provided by La Caisse de depot et placement du Quebec (CPDQ ) as an aid for ContourGlobal's acquisition of the combined 250 MW solar thermal power por...
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July 09, 2018
Siemens Gamesa signed EPC contract for solar PV projects in Spain
Siemens Gamesa Renewable Energy has signed an engineering, procurement, and construction (EPC) deal for two solar photovoltaic projects in Spain: 24 MW El Marquesado wind farm in Puer...
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July 05, 2018
Marquesado wind park has already been approved by the regional administration and has its construction works already been scheduled
Marquesado wind park has already been approved by the regional administration and has its construction works already been scheduled. In addition to the wind park, the project includes the transmission network for the connection to the El Marquesado substation
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June 22, 2018
10-year PPA signed for 300 MW Talasol solar project in Talaván
Ellomay Capital Ltd has signed a 10-year power purchase agreement (PPA) with an undisclosed international energy company for the Talasol solar park in Talavan, Spain. Talasol Solar SL executed a finan...
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June 22, 2018
Goldman Sachs has announced it completed the sell of a 50.1% stake in Redexis Gas
