Spain's Zelestra gains an extra $280 million in financing for renewable energy projects
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 02 2025
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Source: Reuters
Loan Increase for Renewable Projects: Spain's Zelestra has secured a €235 million increase to its existing loan scheme, raising the total to €770 million, aimed at developing renewable energy projects across Europe, the U.S., and other regions.
Growth Plans and Market Expansion: The company plans to expand its renewable energy capacity from 5 GW to 9 GW by next year, with a pipeline of 29 GW in development and a goal of reaching 40 GW, supported by a €5 billion investment plan through 2026.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
