Clifford Chance

Clifford Chance advises ContourGlobal on the refinancing of the project debt of a solar thermal plant in Spain with a total installed capacity of 50MWs

Clifford Chance acted for ContourGlobal on the refinancing operation for a total amount of EUR161.605.319,07 of the project debt of a solar thermal plant with a capacity of 50 MW, located in Badajoz (Spain), owned by Termosolar Alvarado, S.L.

The Clifford Chance team comprised global financial markets lawyers Eugenio Fernández-Rico, Álvaro Cabaleiro, María González and partner José Guardo, who were assisted by lawyer Alba Sande and partner Jaime Almenar, from the Regulatory department and global financial markets lawyers Ángel Muñoz, as derivatives expert, and Carl Fitzgerald, as English law counsel.

The transaction reflects Clifford Chance's track-record of financings in the ESG space and underlines Clifford Chance's strength and depth of experience advising on the renewable energy sector in Spain.