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18 September 2023

GA_P advises the syndicate of lenders on the refinancing of the Mula solar photovoltaic project

Gómez-Acebo & Pombo has advised the financing entities on the granting of financing to Qualitas Energy, owner of a photovoltaic plant located in Mula (Murcia) in order to refinance the existing debt of the Project, amounting to approximately 280 million euros.

The solar PV plant, owned by Qualitas Energy and Northleaf Capital Partners and with an installed capacity of approximately 494 MWp, is one of the largest in Europe. The refinancing of existing debt has been closed with BBVA, EDC, DekaBank, Unicaja and Bankinter. In addition, the Loan Market Association has rated this loan as "green" according to its environmental sustainability values.

The GA_P team advising on the transaction was formed by: Verónica Romaní and Vanessa Armas, partner and of counsel, together with associates Iñigo González de Echávarri, José Francisco Canalejas and María Gabilondo, all of them from the Banking and Finance area.

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