WFW advises Encavis on €135m financing for acquisition of 199MW portfolio
Watson Farley & Williams has advised Encavis on the €135m project financing regarding its acquisition of the Aragón portfolio, on which the firm also advised. Located in northern Spain, the 199 MW Aragón portfolio comprises three wind farms with a combined output of approximately 142 MW and two photovoltaic (PV) plants totalling 57 MW.
Encavis is one of Europe’s leading producers of electricity from renewable energy. It operates a diversified portfolio of onshore wind farms, ground-mounted solar parks and battery storage systems across 13 European countries, including Germany, Italy, Spain, Denmark and the Netherlands.
The cross-border WFW Energy team that advised Encavis was led by WFW Global Energy Sector Head – Europe & Americas and Madrid Corporate partner María Pilar García Guijarro and Hamburg Project & Structured Finance partner Sven Fretthold. They were supported by senior associates Antonio Cáneva, Javier Ruffín, Pilar Rozas in Madrid and associate Finja Schmale in Hamburg.
