Cero Secures Financing for 244.7-MWp Spanish Solar Projects

• Breaking ground in Spain's Palencia province, Cero Generation secures funding for 244.7 MWp of solar projects, set to power 150,000 homes with green electricity.

Cero Generation, a company under Macquarie Asset Management's Green Investment Group, has secured financing for 244.7 MWp of solar projects in Spain's Palencia province. The funding will allow the construction of five utility-scale solar plants, expected to produce over 480 GWh of green electricity annually. The projects will be supported by a 10-year power purchase agreement with an international technology company.

The financing was provided by a consortium of lenders including Banco Sabadell, Rabobank, and ING. Elmya and Metlen Energy & Metals will serve as EPC contractors, with solar panels supplied by Longi Green Technology Energy Co. The projects aim to power over 150,000 homes with renewable energy.

What companies are involved in financing and construction of solar projects in Spain?

Companies involved in financing and construction of solar projects in Spain:

• Cero Generation (under Macquarie Asset Management's Green Investment Group)
  
• Banco Sabadell
  
• Rabobank
  
• ING
  
• Elmya
  
• Metlen Energy & Metals
• Longi Green Technology Energy Co.