pdf-articles Ratings /ratings/en/research/pdf-articles/190924-greenalia-wind-power-eolo-senior-and-22-million-greenalia-wind-power-eolo-project-loans content
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€61.2 Million Greenalia Wind Power Eolo Senior And €22 Million Greenalia Wind Power Eolo Project Loans, September 24, 2019

Greenalia Wind Power Eolo MOC, S.L.U. is developing a portfolio of five wind farms – known as the Eolo Project – in Galicia, Spain. The Project, which has a capital cost of €86 million, is being financed with proceeds of a senior project finance loan provided by Banco de Sabadell S.A. of €61.2 million due in 2036 and a mezzanine tranche of €22 million due in 2034. The transactions closed on July 30, 2019, and Aug. 1, 2019, respectively.

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