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Green Evaluation: Ence Energía S.L.U., November 24, 2017

Ence Energía S.L.U. is seeking to restructure its debt through a €220 million facility to further its biomass power generation business. Ence Energía is the renewable energy division of Ence Energía y Celulosa S.A., one of the largest producers of eucalyptus pulp in Europe and a prominent Spanish biomass energy producer. The proposed €220 million deal will be used to finance expansion at Ence Energía as well as to refinance its existing debt, which is and will continue to be ringfenced from the debt related to the pulp business division.

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