Greening closes a deal for the financing of a portfolio of photovoltaic projects in Spain, with a capacity of 90.17 MW

G-advisory acted as technical advisor.

The Granada-based company Greening has signed a financing agreement with Qualitas Energy, a leading global investment and management platform with a dual focus on the financing and development of renewable energies, energy transition and sustainable infrastructures, with G-advisory acting as technical advisor.

The transaction, for an amount of over 34 million euros, is linked to the fulfillment of construction milestones in each of the projects. In addition, the energy generated will be linked to a long-term sales contract (PPA) between the generator and the company’s energy marketer, Greening Energy, which will enable it to offer clean and competitive energy to its customers.

This milestone reinforces Greening’s commitment to the energy transition in Spain and its vertically integrated business model. Construction of the portfolio of projects is expected to be completed towards the end of 2025.