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Monday, 21 May 2012

Solar news

Three months after it closed Manchasol 1, ACS Cobra is now looking for project finance for Manchasol 2, another 50MW solar-thermoelectric plant in Ciudad Real. The sponsor decided to go wider due to the tough credit conditions. Sabadell, BNP Paribas, Santander, WestLB, Caja Madrid, Dexia, Banesto and Banco Popular funded Manchasol 1.

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