Clifford Chance guides Encavis on €203m refinancing for solar parks

Leading wind and solar park operator Encavis received financial counsel from Clifford Chance, securing a refinancing of €203 million for its Spanish solar projects, Talayuela and La Cabrera. Listed on MDAX, the group stands as a prominent independent energy producer, operating wind and solar parks across twelve European nations with a total generation capacity of approximately 3.6 gigawatts.

Talayuela (Extremadura) and La Cabrera (Andalusia) plants, boasting capacities of 300 MWp and 200 MWp respectively, have been operational since late 2020/early 2021. These projects mark significant milestones as large-scale European solar ventures developed and operated without public subsidies.

The cross-border team at Clifford Chance included partner Jose Guardo and lawyers Pablo Cancelo SerranoMarta Ruiz Manrique de LaraSofía Riaño Alonso-OleaAna de la Torre Buendía as well as partner Jose Luis ZamarroMónica Romero Martínez from the Madrid office.

From Germany, the team was composed by Christof Häfner (pictured), Franziska Buchholz, Dr. Luana Tamod, Lisha Xu (Frankfurt), and Lucy Garratt (Munich).