Global Infrastructure Sherpa€474 million portfolio refinancing for 858 MW operating renewable assets
Bruc Energy and Interogo executed a €474 million non-recourse portfolio refinancing covering 858 MWp of operating renewable assets with BNP AM, Banco Santander, Banco Sabadell, Export Development Canada (EDC) and Banco Cooperativo. The financing includes an accordion feature to accommodate up to 650 MW of co-located Battery Energy Storage Systems (BESS).
Source Intelligence
The financing includes an accordion feature to accommodate up to 650 MW of co-located Battery Energy Storage Systems (BESS). Quote: The structure is pioneering in the Spanish market in enabling the future financing of up to 650 MW of co-located BESS under hybrid PPA frameworks.
"The assets included in this financing are part of the company owned by BRUC Energy (51%) and Interogo (49 %)."
"The assets included in this financing are part of the company owned by BRUC Energy (51%) and Interogo (49 %)."
"BRUC has executed a € 474 million non-recourse portfolio refinancing covering 858 MWp of operating renewable assets, arranged with BNP AM, Banco Santander, Banco Sabadell, Export Development Canada (EDC) and Banco Cooperativo; and the financial advisory of Banco Santander and Astris Finance."
"BRUC has executed a € 474 million non-recourse portfolio refinancing covering 858 MWp of operating renewable assets, arranged with BNP AM, Banco Santander, Banco Sabadell, Export Development Canada (EDC) and Banco Cooperativo; and the financial advisory of Banco Santander and Astris Finance."
"BRUC has executed a € 474 million non-recourse portfolio refinancing covering 858 MWp of operating renewable assets, arranged with BNP AM, Banco Santander, Banco Sabadell, Export Development Canada (EDC) and Banco Cooperativo; and the financial advisory of Banco Santander and Astris Finance."
"BRUC has executed a € 474 million non-recourse portfolio refinancing covering 858 MWp of operating renewable assets, arranged with BNP AM, Banco Santander, Banco Sabadell, Export Development Canada (EDC) and Banco Cooperativo; and the financial advisory of Banco Santander and Astris Finance."
"BRUC has executed a € 474 million non-recourse portfolio refinancing covering 858 MWp of operating renewable assets, arranged with BNP AM, Banco Santander, Banco Sabadell, Export Development Canada (EDC) and Banco Cooperativo; and the financial advisory of Banco Santander and Astris Finance."
"BRUC has executed a € 474 million non-recourse portfolio refinancing covering 858 MWp of operating renewable assets, arranged with BNP AM, Banco Santander, Banco Sabadell, Export Development Canada (EDC) and Banco Cooperativo; and the financial advisory of Banco Santander and Astris Finance."