/206MW! Capital Energy Financing Spanish Landscape Projects
206MW! Capital Energy Financing Spanish Landscape Projects
2022.Jul20
Spanish renewable energy retailer and project developer Capital Energy announced on Thursday that it had reached an agreement to finance 206 megawatts of wind and solar farm projects in the country.
The company has secured 165 million euros ($165 million) in project financing from Germany's MEAG, asset manager of reinsurer Munich Re (ETR:MUV2) and insurer ERGO.
The financing will support three wind projects totaling 159 MW, an 8 MW solar PV project under development, and the already operating 39.05 MW Las Tadeas wind farm.