Clifford Chance advises Sunco on financing for PV plant

Clifford Chance has advised Sunco Capital on the financing granted by Banco Santander for the construction of a 39.96 MWp photovoltaic plant located in the Spanish region Ciudad Real.

In the context of this project financing, a long-term power purchase agreement (PPA) was entered into with a major Portuguese electric utilities company.

The multidisciplinary Clifford Chance team advising Sunco Capital was led by partner José Guardo (pictured), with the support of project finance associates Eduardo Sánchez, Gabriel Miranda and Elena Euba.

The core team was assisted by associates Mónica Romero on regulatory issues and Jorge Barrero and Itziar Kraus on Real Estate matters.

Michael Heron