Tag Archives: Ence

Ence signs sales agreements for about 1 million tons of pulp for 2023

Ence has already closed sales agreements for approximately 1 million tons of pulp for the year 2023, which means covering the maximum production of the company’s biofactories for this year. Mainly, the sales agreements reached are destined for the European market, in which Ence has significant competitive logistical and customer service advantages. Through these operations, […]

Ence’s Navia biofactory consolidated excellent safety results in 2021

Ence’s biofactory in Navia has closed the year 2021 with outstanding results in both safety and environmental performance, two of the company’s strategic priorities. The difficulties associated with the pandemic and the rise in the price of raw materials and energy have not been an obstacle to ending the year with important advances, endorsed by […]

Ence closes the financing of its solar thermal plant in Puertollano

Ence

The operation has been structured under the Project Finance modality without recourse and for 13 years. The Bank of Santander, BNP Paribas, Bankia and Bankinter participated in the financing operation. The closure of the financing of Termollano is an important boost to the growth of Ence’s Renewable Energy Business, as well as the company’s first […]

ENCE extends its green financing for new biomass plant

ENCE

ENCE extends the green financing of its Renewable Energy subsidiary to 69 million euros for the new 46 MW low emission biomass generation plant that the Company is building in Puertollano (Ciudad Real) and whose conclusion is scheduled for the end of 2019. This financing has a maturity of 7 years and includes an institutional […]

Ence acquires Iberdrola’s 90% stake in Puertollano solar thermal plant

Ence

Ence Energía, S.L.U. has signed an agreement with Iberdrola Renovables de Castilla La Mancha, S.A.U. for the acquisition of its 90% stake in Puertollano solar thermal plant, for an amount that could reach up to Euro 145.8 million. The agreement is subject to IDAE, owner of the remaining 10% of the plant, not exercising its […]

Ence acquires Iberdrola’s 90% stake in Puertollano solar thermal plant

Ence

Ence Energía, S.L.U. has signed an agreement with Iberdrola Renovables de Castilla La Mancha, S.A.U. for the acquisition of its 90% stake in Puertollano solar thermal plant, for an amount that could reach up to Euro 145.8 million. The agreement is subject to IDAE, owner of the remaining 10% of the plant, not exercising its […]