Project Finance
Outlook: Stable
Action date: 04/29/2021
Rating action: Affirmed

GLOBASOL VILLANUEVA 1 SA

Axesor Rating affirms Globasol Villanueva 1 S.A.'s rating, which remains at "BBB" with a stable outlook. Globasol Villanueva 1, S.A. is a company dedicated to the generation of electricity through the operation of a photovoltaic plant with an installed capacity of 10.7 MW, located in Villanueva de la Serena (Badajoz) and in operation since 2008. At year-end 2020, the company reported a turnover of € 6.5 M with an EBITDA of € 5.3 M, demonstrating a positive capacity to meet its financial commitments through an DSCR of 1.70x.

Rating

Solicited
Date last rating: 04/29/2021
Date first rating: 05/09/2016