KfW IPEX-Bank has arranged senior debt financing for the construction and operation of a 200 MW Los Escuderos solar project near the municipality of Altarejos in the Spanish province of Cuenca. KfW IPEX-Bank contributed around €64 million (~$78.63 million) to the long-term senior debt. The project is being developed and owned by the Spanish wind and solar company Grenergy Renovables. In addition to the construction, the company will also be responsible for the four photovoltaic systems’ subsequent operations, including the associated grid connection infrastructure.