ENCE extends the green financing of its Renewable Energy subsidiary to 69 million euros for the new 46 MW low emission biomass generation plant that the company is building in Puertollano (Ciudad Real) and whose conclusion is scheduled for the end of 2019.
This financing has a maturity of 7 years and includes an institutional "bullet" tranche amounting to 43 million euros. In addition, it foresees the development of another 6.5 MW in one or several plants.
This is an extension of the financing subscribed in November 2017 for an amount of 220 million euros, which included a 60 million tranche to finance another 46 MW low emission generation biomass plant that the company is building in Huelva, and whose start is also scheduled for the end of 2019.
This extension has also received the highest green rating from Standard & Poors, which recognizes the high standards of Ence in terms of sustainability and transparency.
Country updates
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November 03, 2018
CTG bids for EDP, EDPR to be made simultaneously
The Securities and Exchange Commission (CMVM) has clarified that the China Three Gorges (CTG) 's takeover bids on EDP and EDP Renováveis must be done simultaneously. The informa...
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November 02, 2018
Trina Solar to provide 190 MW modules to solar project in Spain
Trina Solar Limited (Trina Solar), has announced that it will provide 190 megawatts of its integrated photovoltaic (PV) solution, TrinaPro, to Cobra for a large solar park in Spain.ACS Group and its&n...
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November 02, 2018
Soltec supplies trackers to 85-MW solar plant in Spain
Soltec started supplying and installing its equipment at an 84.7 MW solar PV power plant. The project is located in the region of Murcia in Southeast Spain. The European Union’s clean energy di...
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October 30, 2018
Banco Sabadell to finance 128 MW wind projects in Spain
Banco Sabadell has announced that it has reached an agreement with Norvento, a Spanish renewable energy company, to sign a loan to finance the construction and development of its new wind farms i...
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October 23, 2018
Enel Green Power España commences construction of three solar projects in Spain
Enel Green Power España (EGPE), Endesa's renewable energy division, has started construction of three solar plants for an overall capacity of around 127 MW in the municipality of Logro...
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