AERIF enters deal to acquire 100 MW solar portfolio in Andalusia
Aquila European Renewables Income Fund plc (AERIF) has entered into an agreement to acquire two solar photovoltaic projects with a combined capacity of 100 MW located in the Andalusia region of Spain.
The 'Greco' solar portfolio is expected to be operational before the end of 2022. AERIF will pay about EUR90 million (US$98.85 million) upon the completion of the project.
The project can generate up to 184 GWh of energy per year once commissioned. Aquila Capital Investmentgesellschaft mbH, AERIF’s investment advisor will secure a power purchase agreement (PPA) for the electricity produced from the project.
Country updates
-
-
March 14, 2022
Capital Energy starts the construction of the 34.8 MW Ayamonte wind project in Huelva
Capital Energy has started the construction of the 34.8 MW Ayamonte wind project located in the province of Huelva in Andalusia, Spain. The project represents a total investment of about EUR36 millio...
Read more -
February 21, 2022
Construction works start for 200 MW pumped storage hydropower project in Spain
The General Directorate for Energy of the Department of Ecological Transition has issued the administrative authority for the Salto de Chira pumped-storage hydroelectric power station project.
Read more -
February 18, 2022
Asterion Industrial Infra Fund II reaches EUR1.8bn Final Close
Asterion Industrial Partners, an independent investment management firm has reached the final close of its second Fund, Asterion Industrial Infra Fund II FCR, with EUR1.8 billion (US$2.05 billion) in...
Read more -
February 17, 2022
Statkraft and Matrix Renewables sign 10-year PPA for 50 MW solar project in Jaen
Statkraft has entered into a Power Purchase Agreement (PPA) with Matrix Renewables to acquire energy from its 50 MW solar park in Jaen, Spain. The long-term contract will run for 10 years and will st...
Read more -
February 16, 2022
MITECO launches tender for 500 MW renewable energy projects in Spain
The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has submitted to public information the resolution calling the third auction to grant the Renewable Energy Economic Re...
Read more
