The European Investment Bank (EIB) has approved a loan financing of Norvento Enerxia for the development of its 100.35 MW wind portfolio located in Lugo, Spain.
The portfolio consists of Neda, Carracedo, A Pastoriza, and Cadeira wind farms with up to 29 wind turbines. The project is expected to value up to EUR108 million (US$123.78 million).
The project is of the renewable energy projects that EIB will be financing after the moratorium in 2012 and the new regulatory framework.
Country updates
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January 10, 2019
Santander agrees US$180 million financing for 185 MW wind project in Spain
Greenalia S.A. has announced that it has formalised a project financing agreement for the Eolo Project, which involves the development of eight wind farms totaling up to 185 MW in Galicia, a ...
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January 09, 2019
Senvion secures orders for three wind projects in Spain
Senvion has secured firm orders for 41 megawatts (MW) with Alfanar Energy in Spain. Alfanar Energy recently signed the orders involving the three wind farms Valdeabajo, La Moratilla and Soliedra, loca...
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January 09, 2019
BayWa sells 175 MW solar project in Spain to MEAG
BayWa AG has announced that its renewables subsidiary, BayWa r.e. renewable energy GmbH, has sold the Don Rodrigo solar park, located in southern Spain, to a client of MEAG, the asset manager of...
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January 08, 2019
EDF Solar secures offtaker for 120 MW solar projects in Spain and Portugal
Spanish green energy company Holaluz has announced that it has signed a three-year power purchase agreement (PPA) with developer EDF Solar for 120 MW of solar power to be installed across Spain a...
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January 04, 2019
Ellomay to divest 49% stake in 300 MW solar PV project in Spain
Ellomay plans to divest its 49% stake in the Talasol solar farm in Spain. The project comprises a 300 MW solar power generation facility located in Talaván, Cáceres. The scheme consist...
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