Cerberus Capital Management, through its Spanish affiliate Renovalia Energy Group, S.L, has successfully achieved €130 million (US$138.2 million) refinancing of a portfolio comprising four Spanish wind parks.
Energy Finance & Investment News in Spain
RIVE Private Investment, founded by 123Investment Managers Group and Elyseum Investment, has announced the acquisition of the wind farms Sierra de Aguas and Sierra de Baños, located in Andalusia, Spain.
The SUSI Energy Efficiency Fund (SEEF) successfully closed its first transaction in the Spanish market.
Celeo Concesiones e Inversiones, S.L.U., which is wholly owned by leading Spanish infrastructure and energy group Grupo Elecnor S.A., has refinanced a solar PV portfolio in Spain.
Energy fund Platina Partners LLP has restructured its Anemoi Cantillana photovoltaic plant, located in Seville (Spain), via a loan from Unicredit (London branch).
Spain's Ministry of Industry, Energy and Tourism has opened a public consultation for a proposal for 3GW auction for new renewable energy capacity in the country.
The government of Guipuzkoa, Basque country (Spain), has selected Urbaser-Meridiam consortium as preferred bidder for the the Zubieta waste-to-energy plant PPP. The Waste Consortium of Gipuzkoa assembly has approved the decision with 87% of the votes.
Spain's Ministry of Industry, Energy and Tourism has announced that the country is to hold a 3-GW renewable energy auction in the first half of 2017.
Envision Energy Ltd, has acquired 500 MW of onshore wind projects in France from Velocita Energy Developments, an independent European developer, owner and operator of wind and renewable energy projects.
Urbaser-Meridiam consortium has emerged as the frontrunner for the the Zubieta waste-to-energy plant PPP. The team has submitted the lowest bid for the project.
Everwood Capital S.G.E.I.C., S.A. acquires 15 photovoltaic installations in Spain. 10 of the installations are located at the 50 MW Olmedilla de Alarcón plant in Cuenca and five at the 900 KW Gerindote plant in Toledo.
Abraxa has announced it has refinanced a solar at Valdecaballeros in Badajoz, Spain.
The government of Guipuzkoa, Basque country (Spain), has announced that three consortia have submitted bids for the Zubieta waste-to-energy plant.
Abengoa has submitted to Seville Mercantile Court number 2, the request for approval of its restructuring agreement that has received the support from 86 % percent of financial creditors, thereby exceeding the majorities that the Insolvency Law requires for approval, after being validated and certified by the independent auditor Deloitte.
Gamesa has held an Extraordinary General Meeting at which its shareholders amply ratified the resolutions needed to close the merger with Siemens Wind Power, specifically casting 99.75% of votes in favour.
Gestamp Renewables, a division of Corporación Gestamp, is an industrial group that operates and supplies components within the renewable energy sector and it will be put up for sale the next year.
The government of Spain is working on a new auction for the end of the year in which various technologies will participate on a competitive basis.
Two Israeli companies, Sunflower Sustainable Investments and Shikun & Binui Renewable Energy (SBRE), have announced that they are selling their interests in 13 MW of Spanish solar assets.
Gamesa has concluded implementation of its Energy Thrust programme for a French utility at 28 wind farms located in Spain, Portugal, France and Poland.
Global Infrastructure Partners (GIP), a leading independent global infrastructure investor, has announced that its fund, Global Infrastructure Partners III (GIP III), and a group of its Limited Partner Co-Investors have agreed to acquire a 20% interest in Gas Natural SDG, S.A. from Criteria Caixa, S.A. and Repsol, S.A.