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Madrid, 6 July 2025 – Renewable energy firm Zelestra has expanded its sustainability-linked loan facility to €770 million, following a €235 million increase backed by 11 global banks. The facility, originally signed in 2023 and upsized in 2024, has now been extended by one year to mature in 2029, with enhanced terms reflecting strong lender confidence in the company’s growth strategy.
⚡ Strategic Investment in Six Markets
The funding will support new wind, solar, and battery storage projects across Zelestra’s six priority regions:
- United States
- Germany
- Spain
- Italy
- Latin America
- India
“This increased financial capacity will enhance our ability to deliver the clean energy solutions our clients need,” said Xavier Puig, Zelestra’s CFO. “Our customer-centric strategy is accelerating growth in all key markets”.
📈 Rapid Growth and Future Targets
Zelestra has scaled its contracted global portfolio from 1 GW to 5.4 GW in under two years and aims to reach 9 GW by 2026. The company currently manages a 29 GW pipeline across 13 countries, with projects in various stages of development.
🏦 Backed by Leading Institutions
The loan is supported by a consortium of existing lenders, including Credit Agricole CIB as agent bank and HSBC as sustainability advisor. The improved facility strengthens Zelestra’s credit profile and ensures access to capital for future expansion.
Zelestra is owned by Swedish investment firm EQT, which manages over €273 billion in assets.
For full details, see ESG News’ coverage and Power Technology’s report.
