Greenalia secures 97 million euros to further develop its renewables platform in Spain

• The company will use the funds to consolidate operating assets, advance in the development of strategic projects and accelerate the execution of its expansion plan.

02/06/25.- Greenalia, an international renewable energy producer, has closed a 97 million euros financing transaction to support its portfolio of assets in operation and the development of its pipeline of renewable projects in Spain. This investment will allow the company to strengthen its presence as a key player in the development, construction and operation of utility-scale projects in wind, solar, biomass, storage and hydrogen energy both in Spain and in the US.

The transaction was led by Macquarie Asset Management (MAM), part of the Macquarie Group, through its debt platform, which manages over 205 billion euros in assets. In the process, Clifford Chance España acted as legal advisor to MAM while Cuatrecasas advised Greenalia. Astris Finance participated as financial advisor.

Manuel García Pardo, Greenalia’s CEO, said that “the funds will be used to accelerate and consolidate the implementation of the business plan in Spain which, together with our already operational projects and the projects currently under construction in the United States, will allow us to reach 1 GW of operational projects by 2026″.

Gurjit Orjela, Senior Vice President at Macquarie Asset Management, said: “We believe Greenalia is well positioned to continue to develop successfully, having established itself as an independent renewable energy producer in Spain, with a diverse portfolio of green technologies and a strong management team. We are delighted to provide this financing solution that will support the next phase of business growth, through the development of its project portfolio in Spain.”

This transaction comes as Spain seeks to enhance its energy security, meet rising energy demands, and as corporate and industrial customers look for decarbonisation solutions. Spain’s recently updated National Energy and Climate Plan (NECP) aims to rapidly advance renewable electricity to account for 81% of the power mix by 2030, up from up from the current level of 56%. Meeting this goal is expected to require significant scaling of renewable energy generation infrastructure.

About Greenalia S.A.

Greenalia S.A. is a global IPP focused on renewable energy. The company uses wind, sun and forestry biomass from certified plantation residues to generate and store energy in harmony with nature, providing employment and innovation in Europe and the US. The company’s main activity is the generation of renewable energy, being present in six technologies: onshore wind, offshore wind, solar, biomass, storage and hydrogen.

Sobre Macquarie Asset Management

Macquarie Asset Management is a global asset manager, integrated into public and private markets. Trusted by institutions, governments, foundations and individuals to manage approximately €569.3 billion in assets, offers a diverse range of investment solutions including real estate, real estate, credit and equities and multi-asset. Macquarie Asset Management is part of the Macquarie Group, a financial group founded in 1969, which is listed on the Australian Stock Exchange, employs more than 20,000 people and provides its clients in assets, finance, banking, risk and equity advisory and solutions in debt, equities and commodities.