09/08/2023

ID Energy Group new development debt facility to support its pipeline of late-stage solar PV and onshore wind projects in Europe.

ID Energy Group, a vertically integrated Spanish renewable energy group (solar, wind, storage, biogas, biomethane), we are proud to share the news that have successfully secured a development debt facility to support its pipeline of late-stage solar PV and onshore wind projects in Europe. The facility was entirely subscribed by a newly established European debt fund, further solidifying their position as a strategic partner of the group.

Thanks to this move, our pipeline consists of 67 individual projects, with sizes ranging from 1 MW to 150 MW. Spain takes the lead with 700 MW, of which 500 MW comprises onshore wind projects. Poland follows with a solar PV capacity of 600 MWp, while Hungary and Italy trail with 250 MWp and 150 MWp respectively. This diverse portfolio underpins ID Energy’s position as a major player in Spain’s renewable energy landscape and demonstrates our dedication and commitment to advancing clean energy across multiple markets.

“The deal team included: Julio Espadas (Founder, Shareholder and CFO), Antonio Sierra Lavín (Managing Director Structured Finance, ID Energy), José Ignacio Gómez de la Calzada (Financial Analyst), Jose Francisco Romano del Fresno (Financial Analyst), Miguel Blasco (Lawyer); Carlos Ochoa (Partner of Company Legal Partners) as Legal Advisor of ID Energy; and Alexander Enrique Kuhn (Co-Founder and Managing Partner of Capcora), Bernhard Hofmann (Director of Capcora) and Leonardo Ayerbe Torres (Vice President of Capcora) from the financial advisors´ side.”