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Villar Mir Energía has closed project financing for the Valiente and Sotillo wind parks, with a combined installed capacity of 35 MW, in Zaragoza, Spain. The deal was closed on 16 January 2019, following signing on 27 December 2018.
The Sotillo wind farm is under construction and due to be operational in Q1 2020, while Valiente has been up and running since 2018.
The financing was arranged via the acquisition of private bonds by FCT QUARTZ, managed by Rive Private Investment, with Watson Farley & Williams as financial advisor. Triodos Bank provided part of the financing through a project finance structure.
