Nadara finalises $1.36bn refinancing for European renewables portfolio

Nadara, a next-generation independent power producer, has secured approximately €1.2 billion ($1.36 billion) in pan-European platform refinancing for its portfolio of renewable energy projects. The financing covers 47 wind and solar photovoltaic plants with a combined capacity of 1.5GW, located across Finland, France, Italy, Norway, Spain, Sweden, and the UK. The transaction consolidates and refinances operating renewable assets, creating a scalable platform for growth. It strengthens financial flexibility and capacity to expand the multi-technology portfolio, which includes 34 onshore wind farms and 13 solar PV plants. Nadara CFO Paolo Rundeddu called it a landmark moment two years post-merger, enabling mature projects to fund future clean energy initiatives. The new framework allows integration of additional assets and pursuit of repowering, hybridisation, and battery storage opportunities. A group of commercial lenders supplied the refinancing, which aims to accelerate new renewable capacity deployment and secure long-term asset growth.