Aquila completes acquisition of a 50 MW Spanish solar project

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Aquila European Renewables Income Fund plc has completed the acquisition of the 50 MW Albeniz solar photovoltaic project located in the south of Spain. 

The project is currently being developed with the expected commercial operation before the end of 2021. 

About 60% of the energy output from the plant will be sold for a fixed-price power purchase agreement (PPA) for five years. 

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