Macquarie's MIDIS closes investment in 13.6 MWp of Spanish PV farms

Macquarie Infrastructure Debt Investment Solutions (“MIDIS”) announced a new 38 M€ debt investment in a portfolio of solar farms.

Q-Energy owns and manages the portfolio, which consists of six operational PV plants in south-eastern Spain with 13.6MWp in installed capacity.

MIDIS refinanced the portfolio’s existing debt with 21-year, amortising, floating rate, senior secured bonds, and structured an orphan interest rate swap facility to support the transaction.

MIDIS and Q-Energy completed the transaction on a bilateral basis, with Banco Sabadell and Santander as arrangers.