Cases & Deals

BBVA completes novation of financing for construction and operation of wind parks in Jarafuel, Valencia

Clients Banco Bilbao Vizcaya Argentaria

Jones Day represented Banco Bilbao Vizcaya Argentaria in connection with the novation of the €77.1 million (US$83.2 million) project financing for the construction and operation of two wind parks, as well as the electricity grid, with a total generating capacity of 66.70 MW located in Jarafuel, Valencia and promoted by Parques Eólicos de Villanueva, S.L.U. (Grupo Elecnor).