Zaratan Solar

Matrix Renewables Zaratan and Arroyadas PV Solar Projects - Financing

Borrower (s)
Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
Europe
Countries
Spain

Deal Overview

Matrix Renewables has closed a €40 million ($43 million) financing with BBVA for construction of two solar plants in north-west Spain.The Zaratan and Arroyadas plants in the municipality of Valladolid will have a combined capacity of 66MW. The long-term debt has been structured as a green loan...

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Matrix Renewables has closed a €40 million ($43 million) financing with BBVA for construction of two solar plants in north-west Spain.

The Zaratan and Arroyadas plants in the municipality of Valladolid will have a combined capacity of 66MW. The long-term debt has been structured as a green loan and will be divided between the two projects. 

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Deal Volume
$42.92m
Financial Close
09 February 2023

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Projects

Las Arroyadas PV Solar Project

Greenfield
PV solar
Europe
Spain
$21.6m

Zaratan PV Solar Project

Greenfield
PV solar
Europe
Spain
$21.46m