santander

Independent power producer (IPP) Avantus has closed a US$525 million financing package for its Aratina 2 solar-plus-storage project in Southern California, US.

IPP rPlus Energies has secured over US$650 million in debt facilities to support construction work at its Blacks Creek Energy Centre in Idaho.

Spanish IPP Grenergy has secured a senior non-recourse financing agreement worth €98.8 million for the172MW Ayora solar PV project in Spain.

Independent power producer (IPP) Recurrent Energy has secured €61.5 million (US$71.4 million) in financing for its Italian renewables portfolio.

Independent power producer (IPP) Cypress Creek Renewables has secured US$150 million in financing to advance the construction of its 104MW Ostrea Solar project in northeast Yakima County, Washington. 

Ahead of the Solar Finance & Investment Europe event, Bart White of Santander spoke to PV Tech about banks and solar investment.

The high cost of capital and growing community opposition to projects will be pressing challenges for the European solar industry in 2025.

Solar project developer Recurrent Energy has secured a €674 million (US$730 million) revolving credit facility to expand its European solar and battery energy storage system (BESS) portfolio.

Spanish independent power producer Grenergy has secured €175 million (US$190 million) in green financing for the construction of 300MW Spanish solar portfolio.

Solar developer ib vogt has closed a debt financing deal to support 418MW of solar PV projects in the autonomous community of Castile and León, Spain.