Business
Greenalia Secures $50 Million Upsizing on Existing 3-Year Credit Facilities from IMM Investment and NH Investment & Securities
Greenalia S.A. (the "Company" or "Greenalia"), a leading Spanish developer of renewable power projects, has closed on a $50 million upsizing of its existing three-year credit facilities from IMM Investment Hong Kong ("IMM") and NH Investment & Securities ("NH") to support the development of its solar and wind project pipeline in the U.S. Greenalia Power US Advanced II, LLC ("Greenalia US" or the "Borrower") is a subsidiary of Greenalia that acquires, develops, constructs and operates utility-sca
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[{"type":"text","content":"NEW YORK, Aug. 7, 2025 /PRNewswire/ -- Greenalia S.A. (the "Company" or "Greenalia"), a leading Spanish developer of renewable power projects, has closed on a $50 million upsizing of its existing three-year credit facilities from IMM Investment Hong Kong ("IMM") and NH Investment & Securities ("NH") to support the development of its solar and wind project pipeline in the U.S. Greenalia Power US Advanced II, LLC ("Greenalia US" or the "Borrower") is a subsidiary of Greenalia that acquires, develops, constructs and operates utility-scale solar, wind and energy storage projects in the U.S.","length":657,"tagName":"p"},{"type":"image","alt":"Greenalia Logo (PRNewsfoto/Greenalia)","displaySize":"","headline":null,"caption":"Greenalia Logo (PRNewsfoto/Greenalia)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":101,"url":"https://media.zenfs.com/en/prnewswire.com/3b25eef25b885de8595f01c0d4a37a9e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/hx28BcXxRBOTaGzf3MqP9w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE3ODtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/3b25eef25b885de8595f01c0d4a37a9e","width":400,"height":101}},"href":"https://mma.prnewswire.com/media/2745245/Greenalia_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"IMM and NH are investors headquartered in South Korea; their commitments reinforce both the strong institutional and international interest in Greenalia's U.S. portfolio.","length":179,"tagName":"p"},{"type":"text","content":"PEI Global Partners served as Financial Advisor to the Company. Holland & Knight acted as Borrower's Counsel. Norton Rose Fulbright acted as Lenders' Counsel. Nomura Securities International, Inc. continues to serve as Lead Arranger for the facilities and Nomura Corporate Funding Americas, LLC continues to serve as Administrative Agent for the facilities.","length":369,"tagName":"p"},{"type":"text","content":"The upsizing reflects continued confidence in Greenalia's strategy and the strength of its U.S. pipeline. The proceeds from the upsizing will be used to support Greenalia's ~1.9 GWDC ERCOT portfolio, particularly by financing project equipment, providing support for project letters of credit and funding other development and construc...