Exus Management Partners and BlackRock Real Assets have awarded the engineering, procurement, and construction (EPC) and operation and maintenance (O&M) contracts to Efacec for the development of a 24 MW solar photovoltaic plant in Salvaterra de Magos region, Portugal.
The solar plant will be developed in a 50 hectares of land enough to produce up to 46 GWh of clean energy. The energy produced will be sold to Axpo through a private power purchase agreement (PPA).
BlackRock and Exus Management each own 50% stake in the solar project.
Country updates
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August 14, 2019
Neoen wins 50 MW solar project in Portugal
Neoen has announced that it has been awarded a solar project with a total capacity of 50 MVA (around 65 MWp) in the recent tender held by the Portuguese government. This photovoltaic power plant, alre...
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August 07, 2019
EDPR completes sale of 997 MW European wind portfolio
EDP Renewables (EDPR), part of Energias de Portugal SA, has completed the sale of its interest in an operating 997 MW European onshore wind portfolio to institutional investors advised by JP Morgan As...
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August 05, 2019
Axpo signs solar PPA with BlackRock, Exus for Planta Solar da Gloria solar PV project
Axpo Iberia SL has signed an eight-year power purchase agreement (PPA) with BlackRock and Exus, to off-take the output of a 24 MWp Planta Solar da Gloria solar photovoltaic (PV) farm planned to b...
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August 01, 2019
Edisun Power invests in 23 MW solar PV project in Portugal
Edisun Power signed the contracts to buy one 23 MW photovoltaic construction project in Portugal from Swiss company Smartenergy Invest AG. Construction of the project will begin in 2019, and it is sc...
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July 22, 2019
EDPR starts installation of turbines for WindFloat Atlantic project
EDP Renováveis (EDPR) has started the installation of the first Windfloat Atlantic turbine on its floating platform located in the outer harbor of Ferrol. The fabrication and l...
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