Financial close set for the Almonte solar park

Financial close set for the Almonte solar park

09 May 2022

Renewable energy platform Matrix Renewables, based in Madrid, has firmed a financing agreement with Natixis for the latter’s Almonte solar park in Huelva, Spain.

The agreement, classified as a green loan, will help the development of the 129MW facility. Almonte’s financing was supported by law firm Watson Farley & Williams.

With operations scheduled for early 2023 and 500 jobs expected to be created during construction, the Almonte project will be implemented in three phases. Energy storage will be installed after the plant’s completion.

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