Aventron reaches financial close on 50 MW Bargas solar project in Spain

Aventron AG has announced the financial close of 50 MW subsidy-free solar project that will be built on 95 hectares of land near Toledo and will use single axis trackers.

The company has signed debt financing agreements with Banco Sabadell for the Bargas project and gives Solarpack Corporacion Tecnologica SA a notice to start the construction.

The construction work is expected to be finished in nine months and will be able to generate some 90 GWh of electricity per year.