Ansasol has signed a EUR30 million (US$30.1 million) loan agreement with Banco Sabadell for the development of new solar photovoltaic (PV) projects in Andalusia, Spain.
Ansasol stated that the credit will represent a portion of the total investment that Ansasol will designate for the construction of the new solar parks with a total installed capacity of 69.5 MW.
The construction of the parks is planned to begin between the end of 2022 and the beginning of 2023.