GA_P advises on the refinancing of a solar photovoltaic project in Mula

Gómez-Acebo & Pombo has advised the financing entities in the granting of financing to Qualitas Energy, owner of a photovoltaic plant located in Mula (Murcia) in order to refinance the existing debt of the Project, for an approximate amount of 280 million euros.

The solar photovoltaic plant, owned by Qualitas Energy and Northleaf Capital Partners and with an installed capacity of approximately 494 MWp, is one of the largest in Europe. The refinancing of existing debt has been closed with BBVA, EDC, DekaBank, Unicaja and Bankinter.

In addition, the Loan Market Association has rated this loan as “green” according to its environmental sustainability values.

The GA_P team that advised on the transaction was formed by: Verónica Romaní and Vanessa Armas, partner and of counsel, together with associates Iñigo González de Echávarri and María Gabilondo, all of them from the banking and finance area.

Julia Gil