Aries Solar Secures €475M Financing

Eiser Infrastructure Partners has arranged €475 million in long-term financing for Aries Solar Termoeléctrica.

Eiser Infrastructure Partners has arranged €475 million in long-term financing for Aries Solar Termoeléctrica, AltAssets reports. The U.K. investor has closed the financing for the Spanish developer of two solar thermal plants. As part of the transaction, the firm has sold a majority stake in Aries Solar to Spanish infrastructure group, Elecnor, for a significant minority stake in Dioxipe Solar. Elecnor has now become the major stakeholder in all the solar thermal plants in the country.

Click here for the story from AltAssets.