Iberdrola Sicily Solar

245MW Iberdrola Sicily Solar Project - SACE Covered Financing

Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Italy

Deal Overview

SACE has backed a €100 million (about $104 million) green loan between EIB and Iberdrola to fund a new photovoltaic plant in Italy. The deal represents EIB's first SACE-supported operation with Iberdrola. EIB's financing is 70% backed by SACE's Archimede Guarantee. Operational in...

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Deal Volume
$104.83m
Financial Close
18/12/2024
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Project Deals

245MW Iberdrola Sicily Solar Project
$285.14m
Greenfield
PV solar
Europe
Europe
Italy