Greening Closes €34.7m Deal with Qualitas Energy for Spanish Renewable Projects
Deal News | Apr 25, 2025 | Iberian Lawyer
Greening Group Global, a Spanish multinational in the renewable energy sector, successfully secured a €34.7 million financing agreement with global investment platform Qualitas Energy. This agreement will support the development and operation of a renewable energy project portfolio in Spain with a combined capacity of 90.17 MWp. The financing is articulated through Greening's holding company, GIDE (Greening Investments Desarrollos España), and capital will be disbursed in stages dependent on meeting specific construction milestones verified by a technical agent. Montero Aramburu & Gómez-Villares Atencia provided legal advice to Greening, with key team members including partners Ana Beatriz Gamero Díaz de Lope Díaz and Miguel Cuesta Boothman. The transaction represents a significant step for Greening in ensuring the efficient execution of its energy projects in Spain.
Sectors
- Renewable Energy
- Financial Services
- Legal Services
Geography
- Spain – The renewable energy projects and the financial agreement are centered in Spain, where Greening Group Global intends to enhance its renewable energy capacity.
Industry
- Renewable Energy – The article focuses on financing for renewable energy projects, specifically solar energy with Greening Group Global promoting a 90.17 MWp portfolio in Spain.
- Financial Services – The agreement involves a significant financial transaction facilitated by Qualitas Energy, an investment and management platform, highlighting the role of financial services in the renewable energy sector.
- Legal Services – Montero Aramburu & Gómez-Villares Atencia acted as legal advisors in this financial agreement, showcasing the involvement of legal expertise in structuring such deals.
Financials
- €34.47 million – The total financing amount secured by Greening Group Global from Qualitas Energy to support renewable energy projects in Spain.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Greening Group Global | Target Company | Company | A Spanish multinational company operating in the renewable energy sector. |
| Qualitas Energy | Bidding Company | Company | A global investment and management platform that financed Greening's renewable energy projects. |
| Montero Aramburu & Gómez-Villares Atencia | Legal Advisor | Company | Law firm advising Greening on the financing agreement with Qualitas Energy. |
| Ana Beatriz Gamero Díaz de Lope Díaz | Partner | Person | Partner at Montero Aramburu & Gómez-Villares Atencia leading the team advising Greening. |
| Miguel Cuesta Boothman | Partner | Person | Partner at Montero Aramburu & Gómez-Villares Atencia assisting in the legal advice provided to Greening. |
| Victor Moya Ximénez | Senior Associate | Person | Senior associate at Montero Aramburu & Gómez-Villares Atencia involved in advising Greening. |
| Pedro Fernández-Palacios de Leyva | Associate | Person | Associate at Montero Aramburu & Gómez-Villares Atencia part of the advisory team. |
| Jesús Manuel Lozano Mirón | Attorney | Person | Attorney at Montero Aramburu & Gómez-Villares Atencia assisting in the financing deal. |
| Greening Investments Desarrollos España (GIDE) | Financed Company | Company | HoldCo through which the financing arrangement with Qualitas is channelled. |