WFW advises CaixaBank and Sabadell on X-Elio project financing

Watson Farley & Williams (WFW) advised CaixaBank and Banco Sabadell on the project financing of a 471.96 MW photovoltaic portfolio developed by X-Elio in several Spanish autonomous communities.

The WFW team was led by partner Rodrigo Berasategui (pictured).

The deal was valued at €203 million.

According to WFW, the portfolio will benefit from 405 MW of the “special retribution regime capacity awarded to the sponsor under the second Spanish renewable auction”.

WFW advises CaixaBank and Sabadell on X-Elio project financing

Ben Cook

iberianlawyer.com

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