Spain’s Zelestra has increased its loan facility to EUR 770 million to accelerate the development of its renewable energy projects, according to Renewables Now. The expanded financing package aims to support the company’s ambitious plans to boost clean energy capacity across the country, reflecting a growing trend among Spanish firms to invest heavily in sustainable power sources amid Europe’s green transition.
Spain’s Zelestra Secures Increased Funding to Accelerate Renewable Energy Projects
Zelestra, a leading Spanish renewable energy developer, has successfully increased its credit facility to EUR 770 million. This significant capital injection is earmarked for the rapid expansion of its portfolio, with a strong focus on solar and wind energy projects across southern Europe. The firm aims to leverage this funding to fast-track ongoing developments and initiate new projects aligned with Spain’s ambitious carbon neutrality goals for 2050.
The loan boost comes amidst…
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Author : William Green
Publish date : 2025-07-02 18:17:00
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