"Verdalia Bioenergy Secures €671 Million Financing for Major Biomethane Project in Europe"

In a significant transaction in the biomethane sector, Ashurst advised Verdalia Bioenergy Limited, while Latham & Watkins represented the consortium of lenders. Verdalia Bioenergy Limited, owned by Goldman Sachs Alternatives’ infrastructure fund, has successfully closed a €671 million financing deal aimed at acquiring and developing a portfolio of biomethane production plants in Italy and Spain. This project, with an aggregate capacity exceeding 3 TWh per year, is set to meet the energy consumption needs of nearly one million households. The total capital investment for the project is projected to surpass €1 billion, facilitating both the construction of new facilities and the acquisition of existing plants. The legal teams involved in this transaction included: **Ashurst:** - Irian Saleta Martínez (Partner, Banking and Finance) - Andrés Alfonso (Partner, Energy Transition) - Nicholas Pawson (Partner, English Law Finance) - Ignacio Piñeiro (Associate, Banking and Finance) - Mercedes Fernández-Montes (Trainee, Banking and Finance) - Pedro Díaz (Associate, Energy Transition) - Sam McLernon (Team Member, English Law Global Loans) - Stephanie Simm (Team Member, English Law Global Loans) - Will Lotter (Team Member, English Law Global Loans) - Georgie Willis (Team Member, English Law Global Loans) - Ricardo García-Borregón (Partner, Tax) - Enrique Muñoz (Associate, Tax) **Latham & Watkins:** - Fernando Colomina (Partner, Finance) - Luis Sánchez (Counsel, Finance) - Ignacio Sánchez (Associate, Finance) - Lourdes Colom (Associate, Finance)

"Verdalia Bioenergy Secures €671 Million Financing for Major Biomethane Project in Europe"

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