Watson Farley & Williams advises lenders on €612m financing for Repsol Renovables' 700+ MW Spanish renewables portfolio

Watson Farley & Williams advised a consortium of lenders — Banco de Sabadell, Abanca Corporación Bancaria, Caixabank, BNP Paribas, Unicredit Bank and Instituto de Crédito Oficial — in connection with a €612 million financing granted to Repsol Renovables. The financing was provided for a Spanish renewable energy portfolio comprising wind and photovoltaic assets with a total installed capacity of more than 700 MW. The transaction represents project financing secured to support the construction and development of those renewable assets. This transaction constitutes Repsol’s second renewable project financing, following a €348 million financing secured in December 2024 for the construction and development of a separate 400 MW Spanish renewable energy portfolio. Watson Farley & Williams represented the consortium of lenders (Banco de Sabadell, Abanca Corporación Bancaria, Caixabank, BNP Paribas, Unicredit Bank and Instituto de Crédito Oficial) with a team composed by: José María Anarte (Partner, Banking & Finance) — lead; Antón Ramil (Senior Associate, Banking & Finance); Sara Estradera (Associate, Banking & Finance); Miquel Ros (Associate, Banking & Finance); Luis González (Partner, Regulatory); Paula Pérez (Senior Associate, Regulatory); Claudia González (Associate, Regulatory); Rob McBride (Partner, London — English law); Kristina Buckberry (Associate, London — English law).

Watson Farley & Williams advises lenders on €612m financing for Repsol Renovables' 700+ MW Spanish renewables portfolio

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