Equitix secures €500 million financing from UniCredit for hybrid renewable energy platform in Spain

Type: Financing · Technology: Hybrid · Country: Spain · Announced: 2026-06-22

Equitix secured USD 540 million in project financing from UniCredit to advance its Spanish hybrid renewable energy platform, which combines onshore wind and co-located solar PV projects. The financing supports the construction of assets totaling 420 MW, including 200 MW already operational and 220 MW under construction, with an additional 1 GW in development. The platform operates under a framework agreement with Capital Energy, a Spanish renewable energy developer. Achal Bhuwania, Chief Investment Officer at Equitix, highlighted the financing as a milestone for hybrid renewable infrastructure in Europe, emphasizing improved grid efficiency and long-term resilience. The deal reflects Equitix’s strategic focus on scaling integrated energy infrastructure across Europe, particularly in Spain’s growing renewable sector.

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