Allianz Capital Partners agrees to acquire 218.8 MW Solara 4 Vaqueiros solar project in Portugal
Allianz Capital Partners has signed an agreement to acquire the 218.8 MW Solara 4 Vaqueiros solar photovoltaic project located in Vaqueiros parish, Algarve region, South Portugal.
With its capacity of 218.8 MW Solara can provide renewable energy for approximately 100,000 average households of the region per year. Solara is an important project for the area of Vaqueiros that is recently impacted by declining population. The project will bring economic benefit to the area, and 1,500 people will be employed on site through construction.
Solara has agreed terms for a 20-year fixed price power purchase agreement (PPA). The project is currently under construction with the planned commissioning in mid-2019.
Country updates
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January 08, 2019
EDF Solar secures offtaker for 120 MW solar projects in Spain and Portugal
Spanish green energy company Holaluz has announced that it has signed a three-year power purchase agreement (PPA) with developer EDF Solar for 120 MW of solar power to be installed across Spain a...
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December 12, 2018
Senvion signs supply and O&M services for four wind projects in Belgium, France, Portugal
Senvion has signed four contracts for turbines with a combined capacity of over 47.5 MW in Belgium, France, and Portugal. Under the agreement, the German turbine manufacturer will deliver four 3.4M10...
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December 05, 2018
Foresight's 7 MW solar PV project in Portugal starts generating first power
Foresight Group has announced the full operation of Vale Matanças 7.2 MW solar farm located in Alcácer do Sal, Portugal, which was grid connected on 5 December 2018. Foresight originally...
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November 30, 2018
BPI leads financing for Aquila acquisition of 100 MW Portuguese hydropower portfolio from EDP
Banco BPI is leading a planned financing for Aquila Capital’s acquisition of 21 operational small-scale hydro power plants in Portugal from EDP. The hydropower portfolio consists of 14 run-of-...
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November 10, 2018
Aquila Capital agreed to acquire 100 MW hydropower portfolio from EDP
Aquila Capital, a German alternative asset management division of Aquila Group, has agreed with electricity supplier Energias de Portugal SA (EDP) to acquire a portfolio of 21 small hydropower pl...
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