Cubico buys 50 MW Arenales CSP plant in Moron de la Frontera
Cubico Sustainable Investments has acquired Arenales Solar PS, S.L., the owner of a 50 MW operational concentrated solar power (CSP) plant, from PanEuropean Infrastructure Fund, managed by DWS, a global infrastructure asset manager.
The Arenales project is located in Morón de la Frontera, Seville, in southern Spain and became operational in 2008. It uses parabolic trough thermosolar technology with seven hours of molten salt storage, which, combined with an oversized solar field, allows extended generating hours, contributing to the security of Spain’s electricity system.
As a result of the acquisition, Cubico’s portfolio in Iberia now comprises eight assets across Spain and Portugal, including solar PV, CSP and onshore wind technologies, with a total capacity of 279 MW.
Country updates
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February 05, 2020
Elecnor wins contract to supply and develop 9.2 MW Arrecife wind project in Lanzarote
Elecnor has been awarded a turnkey contract with the Insular Society of Aguas de Lanzarote SA (INALSA), owned by the Lanzarote Water Consortium, for the construction of the 9.2 MW Arrecife wind p...
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February 04, 2020
Azora acquires 100 MW Cuevas de Velasco wind project from ABO Wind
Investment company Azora has completed the acquisition of a 100 MW Cuevas de Velasco wind project located in Castilla-La Mancha from ABO Wind. The facility consists of 19 GE158 5.5-MW...
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February 03, 2020
Iberdrola starts commercial operation of the 23 MW El Pradillo wind project in Zaragoza
Iberdrola has started the commercial operation of the 23 MW El Pradillo wind farm located between the Zaragoza towns of Frescano, Borja and Agón, in Aragón. The project comprises of six...
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February 03, 2020
Galp takes over 2.9 GW Spanish solar portfolio
Galp has reached an agreement with the ACS Group to acquire, develop and build solar photovoltaic projects in Spain. The transaction provides access to an installed capacity of 2.9 GW by 2023. The acq...
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January 30, 2020
Phoenix Holdings, Menora Mivtachim to invest in 300 MW Gecama wind project
Phoenix Holdings Ltd and Menora Mivtachim Holdings Ltd are set to invest in the 300 MW Gecama onshore wind project in exchange for individual equity stakes in the facility. Phoenix Ho...
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