OPDE Signs Large Photovoltaic Project Finance Deal In Spain

OPDE, a Spain-based developer and operator of solar photovoltaic plants, has signed a project finance agreement with Banco Santander, La Caixa and BBVA for two solar photovoltaic projects in Tordesillas (Valladolid) and Valtierra (Navarra).

According to the company, this deal represents the largest solar PV project finance transaction in Spain in 2009. The projects have a cumulative capacity of 22 MW. The financing totals 100 million euros.

SOURCE: OPDE

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