Fiera Infrastructure Private Debt ("Fiera") is pleased to announce it joined the financing solution that Greenalia S.A. (the "Company" or "Greenalia"), a leading Spanish developer of renewable power projects, recently announced in February.
As part of a tailored structure that combines both bank and private credit capital, Fiera's investment contributes to the close of USD$200 million of three-year credit facilities (the "Facilities") supporting the development of Greenalia's solar and wind project pipeline in the U.S.
The borrower, Greenalia Power US Advanced II, LLC ("Greenalia US"), is a subsidiary of Greenalia that acquires, develops, constructs, and operates utility-scale solar, wind and energy storage projects in the U.S. Proceeds from the Facilities will enable Greenalia US to finance project equipment, as well as other development and construction expenses, helping to accelerate the development of its portfolio.
Fiera was pleased to work with PEI Global Partners, Exclusive Financial Advisor to the Company and Nomura Securities International, Inc.
