Macquarie Group closes 90 mln euro debt investment in Spanish solar portfolio

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Macquarie Group closes 90 mln euro debt investment in Spanish solar portfolio

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LONDON, Jan 20 : Macquarie Infrastructure Debt Investment Solutions (MIDIS), part of Macquarie Group, has closed a 90 million euro ($100 million) debt investment in a portfolio of Spanish solar farms, it said on Monday.

The portfolio is owned by Spanish solar developer Grupo T-Solar and includes 23 ground-mounted solar farms in Spain with a a combined capacity of 127 megawatts.

The investment was made through 18-year, fixed-rate senior secured bonds. MIDIS said it was the single largest lender in Grupo T-Solar’s 568 million euro portfolio refinancing. ($1 = 0.9023 euros) (Reporting by Nina Chestney Editing by David Goodman )