Nadara Secures €1.2 Billion Refinancing for Renewable Energy Portfolio Across Europe
NextGen independent power producer Nadara has finalized a $1.36 billion (€1.2 billion) refinancing deal to consolidate and refinance its portfolio of renewable energy projects across seven European countries, including Finland, France, Italy, Norway, Spain, Sweden, and the UK. The financing covers 47 wind and solar PV plants with an installed capacity of 1.5 GW—comprising 34 onshore wind farms and 13 solar photovoltaic (PV) plants. This refinancing is expected to enhance Nadara's financial flexibility and support its growth strategy by unlocking capital from mature assets for future clean energy projects. The company emphasized the geographic and technological diversity of its portfolio, along with contracted revenues and operational expertise as key strengths. CFO Paolo Rundeddu highlighted that this transaction marks a significant milestone in Nadara’s post-merger development phase and aligns with Europe's net-zero goals by accelerating renewable deployment through repowering, hybridization, and battery storage opportunities.