Kobus Partners re-finances 37.7-MWp Spanish solar portfolio
- Fund management company Kobus Partners introduced today it has actually refinanced a 37.7-MWp solar portfolio in Spain, safeguarding an overall of EUR 207 million (USD 250m) from crossbreed bonds as well as project finance purchases.
The renewable energy as well as power facilities company said that the new finance was supplied by Macquarie Infrastructure Debt Investment Solutions (MIDIS) and also Spanish loan providers Bankinter SA (BME: BKT) as well as Santander (BME: SAN).
The investment platform of Macquarie Group Limited (ASX: MQG) disbursed EUR 117 million by subscribing to project as well as floating bond issuances by Kobus, while Bankinter as well as Santander have subscribed a EUR-90-million project money.
Consisting of 22 functional solar (PV) farms, the portfolio is capable of generating enough tidy power to satisfy the need of more than 14,500 Spanish houses as well as prevent the yearly discharges of 22 kilotons of carbon dioxide (CO2). The possessions are located in Andalusia, the Balearic Islands, Castilla-La Mancha, Castilla and also León, Murcia as well as The Valencian Community.
