Opdenergy, an independent renewable energy producer, has secured a new corporate debt facility of €350 million (~$412 million) through senior bonds (2025 Bonds) from a group of institutional investors led by EIG and Infranity.
The corporate debt facility will provide additional capital to accelerate the execution of Opdenergy’s business plan, strengthen its position in the renewable energy market, and support its continued expansion as a large-scale Independent Power Producer across Europe, the U.S., and Latin America.
Supported by its majority shareholder Antin Infrastructure Partners, which invested in 2024 via its €10.2 billion (~$12 billion) Flagship Fund V, the company currently operates 1.9 GW of renewable capacity, with 80% of its assets located in Europe and the U.S.
According to the release, over 70% of the company’s revenue is secured through long-term Power Purchase Agreements (PPAs). The company also holds a robust development pipeline of 10.5 GW in solar and wind projects, along with 30 GWh of energy storage capacity.
“Our commitment is clear: to strengthen our position as a key player in the global energy transition and to seize development opportunities in high-potential markets. The energy transition requires innovative and flexible solutions. At Opdenergy, we are committed to combining technologies and optimizing assets to ensure a stable, profitable, and sustainable energy supply. The backing of leading institutional investors such as EIG and Infranity reaffirms the strength of our growth plan and our ability to access financing under competitive conditions.” Stated Luis Cid, CEO of Opdenergy.
According to Mercom’s Q1 2025 Solar Funding and M&A report, debt financing for the solar sector reached $3.5 billion across 23 deals, a 45% drop compared to the $6.4 billion secured in the same number of deals in Q1 2024.
In June, Clearway Energy Group, a developer and operator of clean energy projects, secured over $1 billion in corporate credit funding, with Natixis Corporate and Investment Banking (Natixis CIB) acting as coordinating lead arranger and administrative agent for the financing.