Linklaters has advised Deutsche Bank on its role as arranger on a €70 million refinancing package for four solar power parks in Mallorca. Project Paso was developed by Deutsche Bank’s renewable energy company, DEE. The parks are held through 23 borrowers and were sold to Opera, a renewable energy fund. Linklaters’ teams in London, Madrid, Frankfurt and Berlin worked on the transaction. Cuatrecasas advised DEE and acted as borrower’s counsel.
February 11 2009