Germany-based Q ENERGY has achieved debt financial close on its 251.71 MW “Taurus B” solar portfolio in Spain. The portfolio consists of seven PV plants located across Extremadura, Seville, and Castile and León. Mitsubishi UFJ Financial Group and BNP Paribas were lead arrangers for the financing. All plants are under construction, with hybridisation through battery storage in progress. Brovales in Extremadura has 52 MW capacity, Carmona in Seville totals 105 MW with a 25 MW BESS, and Zaratan in Castile and León reach 94 MW with a 75 MW BESS. Once operational, the projects are expected to power 131,000 households and cut 93,000 tons of CO2 each year. Financing is used for non-recourse debt, cross-collateralisation, and 10-year PPAs to reduce market risks.Q ENERGY’s recent financial close in Spain complements its progress after completing a major FPV plant using DAS floating solution.