Elawan has added 380 MW in operation in five countries since June last year and expects to reach 2GW in operation by early 2023. With this operating power, Elawan achieved an EBITDA in the first half of the year of 71 million euros. Profit before tax for the first half of the year amounted to…
Elawan Energy closes financing for nine photovoltaic plants in Castilla-La Mancha for 250 million euros The 9 projects have an aggregate installed capacity of 440MW. Construction is advanced and they are expected to be operational between late 2022 and early 2023. Elawan Energy, a global player in the renewable energy sector, has announced the closing…
Elawan Energy, a global player in the renewable energy industry, has announced the closing of $160 million in debt financing for two solar farms located in Texas, USA. The financing was provided by BBVA and MUFG, advised by Allen & Overy. Elawan Energy was advised by leading international law firm Orrick on the closing of…
Elawan closes financing for 3 wind farms in the province of Albacete, with a total capacity of 150 Megawatts (MW). The three wind farms have an installed capacity of 50 MW each, and are located in one of the municipalities of Bonete, Chinchilla de Montearagón, Corral-Rubio and Montealegre del Castillo, in the province of Albacete.…
ORIX Corporation (ORIX) today announces that it has entered into an agreement to invest in Elawan Energy (Elawan), a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. Through its wholly owned subsidiary ORIX Corporation Europe N.V., ORIX will acquire an 80% stake…
Elawan closes financing for five photovoltaic plants in the province of Albacete, with a total capacity of 250 megawatts (MW). The five photovoltaic plants have an installed capacity of 50 MWp each, and are located in the municipalities of Bonete and Higueruela, in the province of Albacete. These plants are currently in the construction phase,…
