Efacec awarded EPC and O&M contract for BlackRock and Exus Management Partners 24 MW solar project in Portugal

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.