Sonnedix is pleased to announce the non-recourse refinancing of a portfolio of photovoltaic plants in Spain with a total installed capacity of 18.17MWp at a total value of EUR 74 million.
The transaction was executed under the existing joint venture with Q-Energy, who manages the Vela Energy portfolio and who co-led the bond issuance.
The financing included fixed rate project bonds. CaixaBank and Deutsche Bank were the Global Coordinators, Mandated Lead Arrangers and Bookrunners for the issue.
The financing was provided by BRIDGE (managed by Edmond de Rothschild) and infrastructure debt funds managed by La Banque Postale Asset Management. BNP Paribas Trust Corporation UK Limited acted as Trustee.