Capital Energy has closed a financial agreement with Banco de Sabadell for the development of the 50 MW Buseco wind farm project for EUR26 million (US$31 million).
The company is set to receive the first tranche of EUR22 million (US$25.9 million) and the second tranche of EUR4 million (US$4.72 million) that will be subjected to the signing of a power purchase agreement with an investment-grade credit rating offtaker. The financial agreement will mature in 16 years which can be extended to 18 years if the wind farm secures the PPA.
The wind farm will consist of ten 5-MW SG 5.0-132 wind turbines that will be supplied by Siemens Gamesa Renewable Energy. The project is expected to start its commercial operation by 2022.
Country updates
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March 29, 2021
Ellomay Capital signs EPC contract for 28 MW Ellomay Solar PV project in Talavan
Ellomay Capital Ltd. has entered into an engineering, procurement & construction (EPC) agreement with METKA EGN Spain for the construction of the Ellomay Solar Project, a photovoltaic plant with a...
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March 26, 2021
CIP divests 49% minority stake in 487 MW Monegros wind portfolio in Aragon
Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure III K/S (CI-III), has entered into an agreement to divest a 49% stake in the Monegros onshore wind portfolio to a f...
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March 19, 2021
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March 11, 2021
Siemens Gamesa signs contract with Elawan Energy for 150 MW wind project in Albacete
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March 11, 2021
Greenalia to build 13.5 MW Rodicio II wind project in Ourense
Greenalia, based in A Coruña, has planned o develop a 13.5 MW Rodicio II Wind Farm, which foresees the installation of three wind turbines distributed between the Ourense municipalities of Mace...
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