Refinancing of Portfolio

ENERPARC AG has successfully refinanced through a long-term debt package a portfolio consisting of operating solar PV projects with an aggregate capacity of 68 MWp. The refinancing was provided by Spanish bank Banc Sabadell. Voltiq acted as exclusive financial advisor to ENERPARC throughout the debt process.

The portfolio includes five solar PV projects located in the Balearic Islands, Spain. Project sizes range between 3 and 52 MWp. All projects are currently in operation and selling part of the energy produced to a blue chip off-taker.

The portfolio was initially financed through a short-term financing solution, which was fully repaid upon financial close in February 2025. The new financing package, which will be repaid over approx. 20 years, also returns capital to ENERPARC for the ongoing development and construction of new projects.

Voltiq acted as exclusive financial advisor to ENERPARC, with activities comprising the full suite of financial advisory services including transaction design & strategy, building the book of potential lenders, creation of the multi-asset financial model, template Term Sheet and Infomemo, running the competitive process, and actively participating in negotiations with the preferred lender. Voltiq also coordinated activities in legal, technical and tax workstreams, and assisted in completion of conditions precedent for Financial Closing.