Macquarie Asset Management, representing managed funds, has granted €97 million in debt financing to Greenalia Power Spain, a prominent renewable energy player in Spain, Portugal, and the US. Greenalia manages a diversified portfolio of 15.5 GW across various renewable energy technologies, including wind, solar, biomass, storage, and hydrogen projects. The tailored financing will bolster Greenalia's Spanish renewables projects, facilitating operations, construction, and the swift realization of their development pipeline. CEO Manuel García highlighted that this funding will expedite the execution of their business plan, aiming to achieve 1 GW of operational projects by 2026. Macquarie's Senior Vice President Gurjit Orjela expressed confidence in Greenalia's prospects, commending their green technology mix and capable management. The financing reflects Spain's commitment to energy security and decarbonization, in line with the National Energy and Climate Plan's target to raise renewable electricity's share to 81% by 2030. Macquarie Asset Management's substantial credit platform, managing over €205 billion in assets, underscores its commitment to sustainable investments. The involvement of legal advisors Clifford Chance Spain and financial advisors Cuatrecasas and Astris Finance further cements the significance of this transaction in advancing the renewable energy landscape in Spain.