Watson Farley & Williams (WFW) has advised BBVA, Banco Santander, CaixaBank, CIBC, ING, Intesa Sanpaolo, National Australia Bank and Siemens Bank as lenders on the refinancing of a portfolio of seven wind parks owned by Finerge with a total installed capacity of 242 MW in the Spanish provinces of Ávila and Tarragona.
BBVA, Banco Santander, CaixaBank, CIBC, ING, Intesa Sanpaolo, National Australia Bank and Siemens Bank acted as lenders for the term and working capital facility loans granted to the company indirectly owning the wind parks, which are managed by Finerge. This financing follows Finerge’s recent acquisition of the wind portfolio from EDPR Renováveis which took place at the end of last year.