SOLARIA has reached an agreement with Natixis S.A. for the long term financing of 252MW

Juny 2020

Madrid, June 29, 2020

SOLARIA has reached an agreement with Natixis S.A. for the long term financing of 252MW associated to the PPA contract signed with Statkraft that was announced last December 2019.

This agreement is subject to a successful completion of the due diligence review of the projects under construction and the final approval of Bank’s risk committee.

The financing will be provided under the project finance modality for an amount of around 140M EUR.

Enrique Díaz-Tejeiro, SOLARIA President: “To sign for a second time with a reference entity in the infrastructure financing world is a mark of confidence. With this agreement, we have successfully closed the financing of all our PPAs announced until today at very good conditions, which allows us to be very confident for the future.”

The energy fed into the grid by the PV plants included in these contract will be 100% renewable and will reduce the CO2 emissions to the atmosphere by more than 100,000 tons per year, thus helping to reach the targets of the Renewable European Directive 2009/28/EC to reduce greenhouse gas emissions. The volume of these contracts is equivalent to the consumption of more than 150,000 households per year.

LAST NEWS

Juny 2020

SOLARIA SIGNS A 150WM PPA WITH THE SWISS COMPANY AXPO FOR 10 YEARS

Juny 2020

1H20 RESULTS PRESENTATION

Juny 2020

SOLARIA REINFORCES ESG CRITERIA IN ITS STRATEGY

COME BACK

BUSINESS

Discover our solutions in action

GENERATION

SOLARIA manages and operates photovoltaic plants with a total generation capacity of more than 410 MW.

SEE MORE

FUTURE PROJECTS

SOLARIA has a pipeline of more than 10,000 MW of potentially developable projects distributed in Iberia.

SEE MORE