Ellomay Capital Ltd has signed a 10-year power purchase agreement (PPA) with an undisclosed international energy company for the Talasol solar park in Talavan, Spain. Talasol Solar SL executed a financial power swap in respect of approximately 80% of the output of the photovoltaic plant.
Financed by Deutsche Bank and the European Investment Bank (EIB), financial closing is expected by the end of 2018 and the start of commercial operations in the first half of 2020. The plant is calculated to generate revenues of between EUR 20 million (USD23.40 m) and EUR 25 million (USD29.25 m) a year.
Global Energy Services (GES) has acquired Hidroproyectos. The value of the acquisition was not given
Ellomay Capital has awarded the EUR 192.5 million (USD 223m) engineering, procurement and construction (EPC) contract for the development of the solar project to METKA EGN Ltd. The contract will be executed in 16 months and will be terminated if the project does not reach financial closure within 14 months
Sonnedix has announced the close of non-recourse refinancing of a portfolio of 12 photovoltaic plants in Spain with a total installed capacity of 30.4MWp at a total value of EUR140 mill...
Read moreCTG made an offer to buy the remaining stakes it does not own in EDPR at EUR7.33 (USD8.48601) per share. EDP holds a 82.6% stake in the renewable energy company