Renovalia Reserve’s EUR401 Million Wind Farm Portfolio Acquisition Financing

Clifford Chance has advised Ardian on the entering into a holdco financing of EUR 401,000,000.

The financing is granted by a syndicate of financial institutions in which Banco Santander, S.A. acts as agent, for the partial financing of the acquisition of a 419.16 MW wind farm portfolio from Renovalia Reserve and the refinancing of the existing project financings related to each of the acquired projects.

Renovalia is leading the development of their own wind power projects with promotion, technical design and management, whilst maintaining excellent trade relations with strategic multinationals in the sector.

Ardian (formerly Axa Private Equity) is a France-based, independent private equity investment company, founded and managed by Dominique Senequier.

The team was composed by Banking and Finance partner Jose Guardo (Picture), as well as associates Eugenio Fernández-Rico, Ana Cano and Andrea de Miguel, all from the Madrid office.

Involved fees earner: Ana Cano – Clifford Chance; Andrea de Miguel – Clifford Chance; Eugenio Fernández-Rico – Clifford Chance; José Guardo – Clifford Chance;

Law Firms: Clifford Chance;

Clients: Ardian;