Dentons advises on financing of Altano Energy’s 94 MW hybrid renewables portfolio
Dentons has advised the Spanish Branch of ING Bank, on the financing of a 94 MW hybrid renewable energy portfolio developed by Altano Energy, a Spanish renewables developer backed by Pioneer Partners. The portfolio comprises two onshore wind farms and three solar photovoltaic (PV) plants, all located in the Andalucía region, southern Spain.
The agreement incorporates a mechanism to enable the future hybridisation of the portfolio under the Spanish regulatory framework, supporting the integration of complementary renewable technologies. This underscores the increasing innovation and technical sophistication of Spain’s clean energy market.
The firm provided legal counsel on all aspects of the transaction, including due diligence, structuring, and negotiation of the financing documentation, as well as project agreements with key counterparties. The team was led by Luis Belart, partner in the Banking and Finance practice in Madrid, with the support of Mar Sánchez-Contador, Miguel del Río, and María Morales. Additional expertise was provided by corporate and regulatory lawyers Fermín Garbayo, Javier Moya, Nora Pallaruelo, Pablo Galera, and Manuel Lamela.
