GA_P advises Norddeutsche Landesbank Girozentrale and Banco Santander on the financing for Garnacha Solar

Gómez-Acebo & Pombo has advised Norddeutsche Landesbank Girozentrale, Germany’s largest bank in the issuance of domestic and international bonds, and Banco Santander, a world leader in financing renewable energy projects and one of the three largest banks in the world by number of transactions, in a financing in favour of Garnacha Solar, as borrower, for the construction of a 150MWp solar plant located in Toro (Zamora).

Garnacha Solar, S.L. is a subsidiary of the German company IB Vogt GmbH, which has extensive experience in the renewable energy sector and a large portfolio of projects worldwide.

Advised on the transaction: Verónica Romaní, Juan Pérez, Iñigo González de Echávarri and Joaquín Beltrán Tárrega, partner and associates of the Banking and Finance team, Cristina Matia, associate of the Public team of the Bilbao office, Anna Spuche, associate of the Public team of the Valencia office, Álvaro Obregón, associate of the Public team of the Madrid office, and Javier Marroquín, paralegal of the Commercial team.