Engie has announced, together with Mirova, that it had closed a financing agreement for an undisclosed sum with French bank BNP Paribas SA, to complete the construction of the 50 MW Seneca solar farm in the province of Cordoba. Commercial operations for the roughly EUR40 million (US$44.8 million) plant are expected to commence in the last quarter of 2019.
Engie is in charge of EPC works and will also provide operation and maintenance (O&M) services for the project.
Country updates
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August 27, 2019
Renovalia secured a financing for 79.2 MW merchant PV project in Spain
Renovalia Energy SA has secured EUR29.7 million(US$33.2 million) in project financing for 79.2 MW merchant solar photovoltaic project located in Puertollano, province of Ciudad Real, Spain. Banco...
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August 22, 2019
Alfanar secures EIB loan for 547 MW Lanuza wind project in Spain
Alfanar has secured a loan from the European Investment Bank (EIB) to build the 547 MW Lanuza wind farm in the Spanish regions of Andalusia, Asturias, Castile-La Mancha, Castile and Leon, Galicia and...
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August 20, 2019
Iberdrola, Caja Rural de Soria to jointly develop 114 MW Buniel wind farm in Spain
Iberdrola and Caja Rural de Soria are joining forces to develop the Buniel wind farm (Burgos) which, with 114 megawatts (MW) of installed power, will be one of the largest in Castilla y León. T...
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August 20, 2019
ABO Wind completes sale of 450 MW solar and wind portfolio in Spain
German renewables developer ABO Wind AG has completed the sale of its 450 MW solar photovoltaic and wind portfolio located in Spain to an unnamed local investor. ABO Wind has already secured the grid...
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August 19, 2019
Engie to build and operate 29 MW wood biomass power plant in Spain
Engie SA has been awarded a government contract to build and operate a 29 MW wood biomass power plant located in Pamplona, Navarre region, Spain for a 25-year concession deal. The facility will s...
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