Skip to:
  1. Home
  2. Press & Media
  3. News
  4. 2021
  5. UniCredit's role in refinancing a Concentrated Solar Plant in Spain
Share this event on:
  • LinkedIn

Recomend this page

Thank you, we sent your recommendation to the desired recipient.

Sorry, this functionality is not available right now.
Please try with this link. Thank you.

Sender:

Recipient (e-mail address):

UniCredit's role in refinancing a Concentrated Solar Plant in Spain

UniCredit’s role in refinancing a Concentrated Solar Plant in Spain

 

UniCredit in leading roles on the EUR 161.6 m refinancing of a 50 MW Concentrated Solar Plant (CSP), controlled and operated by ContourGlobal 

 

UniCredit successfully closed as Global Coordinator, Bookrunner, Mandated Lead Arranger, Sole Hedging Bank, Placement Agent and Sustainability Coordinator the EUR 161.6 m bank and institutional debt package for the refinancing of a 50 MW Concentrated Solar Plant (CSP) in Spain, controlled and operated by ContourGlobal.

 

ContourGlobal is a global wholesale power generation company managing over 100 well-diversified assets with 6.3 GW capacity across four continents.

 

Thanks to UniCredit's coverage expertise and the strong cooperation across the entire value chain, UniCredit was able to support the financing in several tranches for the benefit of a core customer of the bank.

 

- Sole Global Coordinator and Placement Agent for a 13y EUR 102 m institutional debt tranche

- Sole Mandated Lead Arranger and Bookrunner of an 8y EUR 59.6 m syndicated bank financing 

- Sustainability Coordinator to structure this transaction as Green Loan (according to LMA Green Loan Principles) fully in line with UniCredit's targets in Sustainable Finance

 

The transaction underlines UniCredit's ongoing focus and commitment to support its clients within the dynamic European renewable space and confirms its prominent and active role among the leading banks in Europe with regard to financing solutions linked to ESG objectives.