10-year PPA signed for 300 MW Talasol solar project in Talaván
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.
Country updates
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June 21, 2018
Global Energy Services (GES) has acquired Hidroproyectos
Global Energy Services (GES) has acquired Hidroproyectos. The value of the acquisition was not given
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June 19, 2018
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
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
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June 18, 2018
Sonnedix refinances Spanish solar portfolio for US$160 million
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...
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June 14, 2018
CTG made an offer to buy the remaining stakes it does not own in EDPR at EUR7.33 (USD8.48601) per share
CTG 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
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June 12, 2018
Gas Natural Fenosa, through its unit Gas Natural Fenosa Renovables, has started the construction of the wind project
