Clifford Chance has advised leading renewables company Northland Power on refinancing project debt amounting to EUR 690 million in a portfolio of 33 renewable power plants (wind, solar and solar thermal) in Spain, with a total installed capacity of 551 MW.
The financing was provided by CaixaBank and structured as a holdco loan, benefiting from the technological diversity of the portfolio and the specific remuneration system established in Royal Decree 413/2014.
The Clifford Chance team that advised Northland Power was led by Global Financial Markets partner Eugenio Fernández-Rico, with the support of associate Enrique Pais from the same practice, and Regulatory partner José Luis Zamarro, with the support of associate Alba Sande from the same practice.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
