August 2025 - Astris Congratulates its Client BRUC for the Refinancing of a €650m Corporate Facility

Madrid, August 2025 – We are pleased to announce the successful closing of the refinancing of BRUC’s €650m corporate debt through a green loan facility provided by Santander, ING, Schroders Capital, Infranity, ICO and BNP Paribas.

This facility replaces the initial financing closed in 2023 and supports BRUC’s 6,600MW clean energy business plan in Spain. The funding enables construction, commissioning and hybridization of solar, wind and battery storage assets.

BRUC currently has 1.96GW of projects in operation, 487MW of projects under construction, and a 4.15GW development pipeline. In the first half of 2025, it produced 1,650GWh of electricity, which met the needs of c. 420,000 households and avoided 477,000 tons of CO₂. This refinancing is another testimony of continued institutional confidence in BRUC’s long term strategy.

Astris acted as financial advisor to BRUC. This closing underscores our ability to craft tailor-made financing solutions for the leading renewable energy developers and confirms Astris's expertise in structuring corporate financings and optimized capital structures.