Project Finance Brief: ACCIONA Energía Secures $288 Million for Solar Project
Recurrent Energy secures $183 million financing for 200 MWh storage project
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ACCIONA Energía, a renewable energy company, secured an AUD$453 million (~$287.85 million) syndicated loan facility to construct its 480 MWp Aldoga solar project on the central Queensland coast in Australia. The company secured the facility through Cesce, the Spanish export credit agency, under its green investment policy. Four banks provided the loan facility, including Banco Santander, BNP Paribas, ING, and J.P. Morgan.
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