Project Finance Brief: Acciona Energia Acquires the 350 MW Red-Tailed Hawk Solar Project

Berenberg Bank provides financing for the acquisition of 128 MW solar projects in Chile and Italy

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Acciona Energia, a subsidiary of Acciona, a Spanish company developing renewable energy projects, has acquired Red-Tailed Hawk, a 350 MW solar PV project near Houston in Wharton County, Texas, from Avondale Solar and Solar Plus Development. AP Solar Holdings, a full-service, utility-scale solar power project developer and Avondale Solar and Solar Plus Development affiliate, developed the project. The project’s construction phase will start in the third quarter of 2022 and will have an estimated investment of $460 million.

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