Cuatrecasas has advised Greenalia, S.A. on registering a commercial paper program with the Spanish Alternative Fixed-Income Market (MARF) for a maximum outstanding balance of €100 million. The listing document was registered with MARF on December 13.
An independent energy producer exclusively using renewable technologies (wind, photovoltaic, biomass), Greenalia operates in the Iberian Peninsula and the United States.
In line with its commitment to innovation and sustainability, the promissory notes to be issued under this program will be green notes, in compliance with the Green Bond Principles (GBP).
This operation is part of the company’s strategic plan and will allow it to diversify its sources of financing and optimize its costs, among other things.
The Cuatrecasas team that advised Greenalia was led by Jaime de la Torre
, Finance partner, with the support of lawyers Jerónimo Poza Anguís and Matías Serrano Camacho.