WFW advises lenders on €612m Repsol financing

Watson Farley & Williams has advised a consortium of lenders conmprised of Banco de Sabadell, Abanca Corporación Bancaria, Caixabank, BNP Paribas, Unicredit Bank and Instituto de Crédito Oficial on a €612m financing granted to Repsol Renovables regarding a Spanish renewable energy portfolio compromising wind and photovoltaic assets with a total installed capacity of 700+ MW.

This transaction represents Repsol’s second renewable project financing, following a €348 m financing secured in December 2024 for the construction and development of a 400 MW Spanish renewable energy portfolio.

The firm Madrid Energy team that advised the lenders was led by Banking & Finance partner José María Anarte, working closely with senior associate Antón Ramil and associates Sara Estradera and Miquel Ros. Regulatory advice was provided by partner Luis González with senior associate Paula Pérez and Associate Claudia González. London partner Rob McBride and associate Kristina Buckberry advised on the English law aspects of the transaction.

Julia Gil

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