GLAS supports Prosolia Energy in landmark acquisition finance transaction

GLAS is pleased to have supported Prosolia Energy, a leading international Independent Power Producer (IPP), in its latest strategic expansion as the company completes the acquisition of a 229 MW portfolio of operational solar assets in Spain.

The GLAS team acted as Facility Agent and Security Agent. Our involvement helped facilitate the execution of this important acquisition, reinforcing our expertise in supporting complex cross‑border renewable energy transactions.

Prosolia Energy has expanded its footprint with the addition of five operational solar parks situated across Andalucía and Castilla y León. Supported by long‑term PPAs secured with major industrial offtakers, the portfolio further reinforces Prosolia Energy’s standing as a key contributor to Europe’s accelerating renewable energy transition.

This acquisition is a significant step forward in the company’s growth strategy. By integrating an additional 229 MW of capacity, Prosolia Energy is now on track to approach 1 GW of operational assets by the end of the year, advancing its commitment to delivering competitive renewable energy solutions across Europe in distributed generation and utility-scale markets.

About Prosolia Energy

Founded in 2003, Prosolia Energy is an Independent Power Producer (IPP) specializing in providing solutions to help its clients transition to a decarbonized energy model and improve their competitiveness.

With a strong presence in Spain, Portugal, France, Italy, Germany and, more recently, in Mexico, Prosolia Energy focuses on industrial self-consumption projects and renewable energy generation for grid sales. Currently, the company has a European project portfolio exceeding 4 GW.

About GLAS

GLAS was established in 2011 as an independent provider of institutional debt administration services. The company was originally created to provide the market a willing participant in complex loan restructuring transactions where many large institutions are reluctant to take swift and cooperative action. It offers a wide range of administration services developed specifically for the debt market.

GLAS is recognised as the premier independent, non-creditor, conflict-free provider of loan agency and bond trustee services, with excess of $850bn of assets under administration on a daily basis. For more information, contact media@glas.agency.