This first ‘webinar’, dedicated to sustainable finance, addressed the requirements of the European Union and the EIB in matters of green bonds and loans The commitment of the European Investment Bank (EIB) to sustainability is clear and growing. The institution has decided to increase its commitment to sustainable or “green” finance, currently at 25%, with…
G-advisory has advised IDB Invest on the financing of three energy storage batteries, owned by independent power provider Neoen, for the provision of primary and secondary reserve services in El Salvador. The batteries (one of which is already in operation) will be financed with debt granted by IDB Invest and will be located at the…
G-advisory has acted as lenders´ technical advisor (ING, Nomura, Santander and Grupo Cajamar) in the financing of a portfolio of 62 photovoltaic plants located in Spain and owned by Sonnedix, the global independent solar power producer (IPP). The debt value has amounted to EUR 154 million. The scope of works has consisted in carrying out…
G-advisory has acted as technical advisor of Finerge, one of the main independent power producers of renewable energy in Portugal -with a portfolio of wind and solar assets and a total capacity of 1.2 GW- in the purchase to EDPR of 7 operating wind farms located in Spain. The wind farms, with an average operating…
G-advisory advises Sonnedix, the global independent solar power producer (IPP), from a technical point of view in the acquisition of 5 photovoltaic plants un…
G-advisory advices the Lenders Proparco, DEG, ICCF, Société Générale and KfW from a technical and environmental and social aspects in the financing of the construction, start-up and operation of Altiplano 200 PV plant owned by Neoen, with an installed capacity of 208 MWp. The plant is located in the Argentinian altiplano, Salta Provice, up to…
G-advisory is advising IDB Invest, MUFG and ICO on the technical side for the financing of the Guanajuato plant in México. The plant, owned by X-Elio, will have a 60 MW total capacity. Acting as technical advisor to the financing parties, G-advisory has conducted the pre-financing technical due diligence and is now supervising plant construction….
Posted by Antonio Baena, Managing Partner at G-advisory Spain is currently designing the energy transition to a coal-free economy through electrification of the sector based on renewable energies. The change, however, goes beyond a mere a shift in the energy mix. The business model itself will change, with digitalization of the sector being a key…
In recent months, G-advisory, the Garrigues Group’s consultancy subsidiary, advised the independent solar power producer Sonnedix in its acquisition of 12 PV plants. Sonnedix, which is majority-held by institutional investors advised by J.P. Morgan Asset Management, has brought its installed capacity to 46.7MW, making it the largest solar PV player in Spain. The deal covered…
