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Financing for solar plant in Spain.
- Source :
- IJGlobal; 10/23/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- The project consists of 2 phases: Sabinar I (155MW) - operational Sabinar II (83MW) - under construction The Sabinar project was acquired by the beneficiaries from Hive Energy in 2021. Eranovum, Noy Fund and Nofar Energy have secured a €132 million ($138m) senior debt loan from a German pension fund to finance the 238MW Sabinar solar plant in the Spanish province of Cuenca. The debt has a maturity of over 20 years and will cover a significant part of the capex of the project, the beneficiaries said. [Extracted from the article]
- Subjects :
- POWER purchase agreements
INSTITUTIONAL investors
PENSION trusts
Subjects
Details
- Language :
- English
- ISSN :
- 20554842
- Database :
- Complementary Index
- Journal :
- IJGlobal
- Publication Type :
- Periodical
- Accession number :
- 173126323