Madrid, February 5st, 2019
As of today, SOLARIA reports it has reached an agreement with the bank Natixis S.A., S.E (Spain) for the long-term financing of the 250MW awarded in the 2017 renewable spanish tender.
This agreement is subject to a successful completion of the due diligence review of the projects under construction and the final approval of the bank committee. The financing will be provided under the project finance modality for an amount of 125M EUR.
The plants are due to be commissioned over 2019.
Enrique Díaz-Tejeiro, SOLARIA President: “To close the long-term financing of these 250MW was one of our priorities. To do it with an international reference entity such as Natixis allows us to be optimistic to keep growing to become the largest PV solar generator in Spain”.