Renewable energy developer Zelestra has secured a €130m (€154m) syndicated equity‑bond facility from Santander, with backing from Spain’s Instituto de Crédito Oficial (ICO) and export credit agency CESCE. The financing will fund roughly 500 MW of renewable projects in Germany, Italy and the United States, slated for construction in 2026‑2027. The deal was announced on February 10, 2026.
Transmission system operator TenneT agreed to sell a 25.1% stake in its German subsidiary to the German Government via KfW for approximately €3.3 bn ($3.9 bn). The deal will help TenneT repay a shareholder loan while retaining a 28.9% interest, and is...