Around 64,400 renewable energy plants hold €45bn debt

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The renewable energies sector is considered to have a €43bn to €45bn debt corresponding to 64,400 plants (half of the debt comes from 60,000 solar stations) that would be under Spanish banks’ control (€25bn, namely, Santander, BBVA and Caixabank), foreign entities (€14bn) and public organisms like the EIB.

According to Bankinter, 10% to 15% of projects would need haircuts and some companies may apply for the new- bail-out fund created by leading banks for struggling small businesses with a good outlook.


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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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