"MUFG Bank Secures €80.5 Million Financing for Renewable Energy Project in Portugal"

"Uría Menéndez has advised MUFG Bank on an €80.5 million financing deal for a photovoltaic plant in Portugal, marking the bank's first role as mandated lead arranger in the country. The project, with a capacity of 130,245.75 kWp, showcases MUFG's confidence in Portugal's renewable energy market. The financing structure involved multiple credit tranches, including project development financing through bond issuance and bank guarantees. The Uría team was led by João Louro e Costa and José António Reymão Nogueira, supported by other associates."

Uría Menéndez advised MUFG Bank on an €80.5 million financing for the development of a photovoltaic plant in Rio Maior and Cadaval, Portugal. The transaction involved a complex financing structure with multiple credit tranches, including a project development financing tranche arranged through bond issuance via Interbolsa, as well as other tranches that required bank guarantees for the renewable energy project. This marks a significant milestone for MUFG Bank as it is the first time the bank has acted as mandated lead arranger in Portugal, reflecting its confidence in the country's renewable energy market. The Uría Menéndez team included the following lawyers: João Louro e Costa (counsel, energy & infrastructure), José António Reymão Nogueira (managing associate, banking & finance), Jill Soet Palmeiro (senior associate, energy & infrastructure), Diogo Zambujo (senior associate, banking & finance), and Francisca Costa (junior associate, banking & finance).

"MUFG Bank Secures €80.5 Million Financing for Renewable Energy Project in Portugal"

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads