X-Elio reaches financial close of 200MW Bluegrass Solar Farm

Elgar Middleton is delighted to have advised X-Elio on the financing of the 200MW Bluegrass Solar Farm in Queensland, Australia

The project benefits from a portfolio of innovative offtake agreements and strong grid connections due to its location in South Queensland.

The A$170m tailored financing package, provided by a syndicate comprising of CEFC , ING and SMBC, was required to reflect the advanced project structure.

Elgar Middleton advised X-Elio throughout the financing process marking the first successful cooperation between X-Elio and Elgar Middleton in Australia.