Elawan Energy Obtains Funding for the Acquisition of 23 Mini Hydropower Plants in Spain

Plants operate under long-term concessions and the energy generated is marketed in the electricity wholesale market

Elawan Energy has successfully closed the financing of the acquisition of 100% of the shares of Acciona Saltos de Agua, S.L.U. (“ASA”), including its three subsidiaries, closed last November 2024, thus consolidating one of the largest recent operations in hydroelectric generation in Spain. The operation, valued at 76 million euros, has been financed by non-recurse project finance, structured in line with the sustainability criteria and energy tr…