Grenergy has signed a green financing agreement worth EUR96.7 million (US$118.7 million) with KFW and Bankinter for the construction and development of the Escuderos solar park in Cuenca.
Through this agreement, KFW IPEX-Bank will assume two-thirds of the senior debt - approximately EUR64 million (US$78.6 million) - while Bankinter will finance the remaining amount - around EUR32 million (US$39.3 million). The project finance includes the financing of the debt for the construction period and 17 additional years.
Country updates
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January 05, 2021
Orix invests 80% stake in Elawan Energy
ORIX Corporation has entered into an agreement to invest in Elawan Energy S.L., a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and so...
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January 04, 2021
Ellomay commissions 300 MW Talasol solar project in Talavan
Ellomay Capital Ltd. has commenced the electricity production of its 300 MWp photovoltaic plant in Spain. Talasol Solar SL, the engineering, procurement, and construction contractor, has also initiat...
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December 30, 2020
Enel Green Power connects to the grid its first two solar plants in Seville
Enel Green Power España (EGPE) has completed the construction of the Las Corchas and Los Naranjos photovoltaic plants, located between the towns of Carmona and La Rinconada. With an investment...
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December 29, 2020
Iberdrola receives favorable EIS for 100 MW solar PV park in Puertollano
Iberdrola has obtained a positive Environmental Impact Statement (EIS) for the photovoltaic plant in Puertollano, Spain which will supply energy to the first and also the largest green hydrogen produc...
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December 29, 2020
Endesa commissions 49.9 MW Augusto solar project in Badajoz
Endesa, through its renewable energy company Enel Green Power España (EGPE), has completed the construction of the Augusto photovoltaic plant located in the municipality of Badajoz, Extremadura...
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