Apex Energies aims to secure 1 GW of project capacity by 2025 and Macquarie will support its ambition to become a top independent solar power producer in France.
Watson Farley & Williams has advised a syndicate of twelve banks acting as lenders on the project financing for two 49.9 MW concentrated solar power plants owned by Saeta Yield, Extresol 1, S.L.U. and Extresol 2, S.L.U., both located in Spain’s Badajoz province.
Madrid-headquartered Saeta Yield manages a portfolio of assets comprising 936,5 MW of wind, PV and solar thermal energy in Spain, 95 MW of wind energy in Uruguay and 144 MW of wind energy in Portugal.
WFW advises Cubico on green refinancing of Spanish CSP projects
The portfolio includes six solar projects in Sicily, which has both higher solar irradiance and higher electricity price levels than mainland Italy.