Opdenergy closes a €500 million corporate debt facility led by EIG and Infranity

Madrid, July 02, 2025. Opdenergy, an independent renewable energy producer, has closed a new corporate debt facility of €350 million senior bonds (“2025 Bonds”) with a group of bondholders led by EIG, a leading institutional investor to the global energy and infrastructure sectors, and Infranity, one of the largest infrastructure investment specialists.

With this new corporate debt facility, Opdenergy secures additional capital to support its efforts to accelerate the execution of its business plan, reinforce its position in the renewable energy sector, and continue its growth as a consolidated large-scale Independent Power Producer (IPP) in Europe, the United States and Latin America.

Backed by its majority shareholder Antin Infrastructure Partners, which invested in 2024 through its €10.2 billion Flagship Fund V, Opdenergy currently operates 1.9 GW, with 80% of assets located in Europe and the United States. More than 70% of revenues are secured through long-term Power Purchase Agreements (PPAs), which contribute to ensure financial stability and predictability. Opdenergy remains focused on expanding as an IPP, deploying renewable assets to reinforce its global presence and establish itself as a key player in the global energy transition.

Antin’s investment and the new debt facility led by EIG and Infranity underscore strong investor confidence in Opdenergy and demonstrate the company’s ability to secure financing under competitive terms. This new milestone reinforces the robustness of its business model and validates the long-term strategic vision guiding the organization.

Opdenergy is geographically and technologically diversified, with a presence in eight OECD countries and a business model that combines photovoltaic solar, wind, and energy storage solutions. The company is also strongly committed to hybridizing operational plants, integrating multiple technologies to seek to maximize efficiency and profitability.

Luis Cid, CEO of Opdenergy, stated: “Our commitment is clear: to strengthen our position as a key player in the global energy transition and to seize development opportunities in high-potential markets. The energy transition requires innovative and flexible solutions. At Opdenergy, we are committed to combining technologies and optimizing assets to ensure a stable, profitable, and sustainable energy supply. The backing of leading institutional investors such as EIG and Infranity reaffirms the strength of our growth plan and our ability to access financing under competitive conditions.”

Rob Johnson, Managing Director and Global Head of Direct Lending at EIG, stated: “We are pleased to deepen our partnership with Opdenergy through this refinancing, which reflects our continued confidence in the company’s management team as well as in its shareholder Antin. This transaction is expected to build on the success of our initial financing and also aligns with our longterm commitment to seek to support high-quality energy infrastructure that has the potential to drive the global energy transition.”

Garbiñe Unda, Investment Director at Infranity, stated: “We are very pleased to support Opdenergy as a long-term partner in its successful expansion. In light of the EU’s net zero commitment by 2050, the capital needs to finance further energy transition are very substantial. Infranity will continue contributing through investments in different renewable energy technologies by selectively partnering with strong players such as Opdenergy.”

About Opdenergy

Opdenergy is an Independent Power Producer (IPP) with over 20 years of experience, operating in Europe, the United States, and Latin America. The company specializes in the development, construction, financing, management, and operation of high-quality renewable energy projects across
multiple countries.

Currently, Opdenergy has an operational asset platform with a total installed capacity of 1.9 GW. Additionally, it holds a development pipeline of 10.5 GW of solar and wind projects and 30 GWh of storage capacity, supporting its growth strategy.

The company plays a key role in the decarbonization of the energy markets in which it operates. It has ongoing and planned projects in five European countries (Spain, Italy, the United Kingdom, France, and Poland), the United States, and two Latin American countries (Chile and Mexico).

About EIG

EIG is a leading institutional investor to the global energy and infrastructure sectors with $23.0 billion under management as of March 31, 2025. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 43-year history, EIG has committed over $50.1 billion to the energy sector through more than 418 projects or companies in 44 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul.

About Infranity

Infranity is an asset management company specializing in sustainable infrastructure investments. The company was founded by three partners, Philippe Benaroya, Alban de La Selle and Gilles Lengaigne, as part of a strategic partnership with the Generali Group and manages c.€12.5 billion of assets under management on behalf of institutional investors as of June 2025. The investment solutions deployed by Infranity are based on the resilience of the asset class and its stable returns over the long term, as well as its ability to contribute to sustainable development. They seek to respond to the major challenges facing society, such as the energy transition, green mobility, the digital transition and the improvement of social infrastructure in the health and education sectors. This positioning, combined with a high degree of selectivity in the investment process, enables Infranity to generate sustainable value for its clients.

Infranity ranked globally #5 and #2 in Europe in the Infrastructure Investor Debt report released on May 1st, 20251. Please refer to the Infrastructure Debt 30 ranking published by Infrastructure Investor for more details.

Infranity is part of the Generali Investments’ ecosystem of asset management firms, and a key component of Generali’s capabilities in real assets.

About Antin Infrastructure Partners

Antin Infrastructure Partners is a leading private equity firm focused on infrastructure investments. With over €33 billion in assets under management across its Flagship, Mid Cap, and NextGen strategies, Antin targets investments in the energy and environment, digital, transport, and social infrastructure sectors.

Headquartered in Paris, with offices in London, New York, Singapore, and Luxembourg, Antin employs over 240 professionals dedicated to growing, enhancing, and transforming infrastructure businesses while delivering long-term value to portfolio companies and investors. The firm is majority-owned by its partners and is listed on Euronext Paris (Ticker: ANTIN – ISIN: FR0014005AL0).