Solaria signs a 285 MW financing agreement with Banco Sabadell

Solaria reports that it has reached an initial in-principle and non-binding agreement with Banco Sabadell for the long-term financing of 285MW of solar PV plants in Spain.

This agreement is subject to a successful completion of the due diligence review of the projects under construction and the approval of banks’ decision-making bodies.

The financing will be provided under the project finance modality for an amount of €134mn.

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