Project Finance Brief: ENCAVIS Secures $157 Million in Non-Recourse Financing
Altus Power acquires 105 MW of solar projects
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ENCAVIS, a solar and wind project developer, has announced the closure of a non-recourse project financing of €135 million (~$157.10 million) for the acquisition of the 199 MW Aragón portfolio. The portfolio is in northern Spain near Zaragoza, and consists of three wind projects with a combined capacity of approximately 142 MW and two solar projects totaling 57 MW.
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