GRUPOTEC has formalized with BANKIA the financing for the construction, commissioning and operation of a photovoltaic solar plant located in the province of Albacete, called the Almansol Project, with a total combined power of 50 MWp.
The total amount of the debt of EUR29.2 million (US$32.8 million), which has been structured under the Project-Finance modality. The operation has been secured by Bankia in its role as mandated lead arranger and sole bookrunner.
Country updates
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July 25, 2019
Acciona to lead international business campaign to limit global warming to 1.5°C
ACCIONA is one of 28 companies calling on the private sector worldwide to take responsibility for the objective of limiting global warming to 1.5°C above preindustrial levels, and for companies to...
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July 17, 2019
Green financing for 500 MW PV solar plant in Spain
The European Investment Bank (EIB) and the Official Credit Institute (ICO) in Spain will finance the development of 500 MW Nuñez de Balboa photovoltaic solar plant, which&nb...
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July 11, 2019
GE, Elecnor team up to build 50 MW Cofrentes wind farm in Spain
Enerfín has announced the start of the construction of the 50 MW Cofrentes wind farm, which will be powered by GE Renewable Energy's onshore wind turbines. The project will be powered by 13 o...
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July 10, 2019
Naturgy completes turbine mechanical assembly of 40 MW Serra de Punago-Vacariza wind project in Spain
Naturgy has completed the mechanical assembly of the wind turbines of the Serra de Punago-Vacariza wind farm, which will be located in the municipalities of Castroverde, Baleira and Baralla, in the pr...
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July 04, 2019
Norvento receives development approval for 24 MW Olerón wind farm
Project developer Norvento Enerxia has received development approval from the government of the Spanish region of Galicia for its planned 24 MW wind farm. The EUR20.6 million (US$23 millio...
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