Financial close for Don Rodrigo solar project

The 170 MWp Don Rodrigo solar park has achieved financial close. The financing consists of a €100 million bridge loan  from NORD/LB Norddeutsche Landesbank to launch the construction of the project.

BayWa r.e. renewable energy GmbH, the owner of the scheme, had recently signed a 15-year power purchase agreement with Statkraft.

The facility covers an area of 265-hectare to the south of Seville, in the Andalusia region of Spain. Once commissioned, it will generate roughly 300 GWh of solar power per year, equivalent to the annual consumption of approximately 93,000 average Spanish households. The farm will feature Astronergy and GCL photovoltaic panels and Huawei inverters.