Grenergy Renovables agrees the sale of 150 MW of solar assets in Spain
Grenergy Renovables has agreed to sell 100% of its 150MW Belinchón solar PV plant in Cuenca (Spain) to a European IPP.
The transaction is valued at EUR83 million (US$90.85 million). As reported to the Spanish market regulator (CNMV), the deal is expected to be completed before the year-end 2023 subject to the fulfillment of certain conditions.
Grenergy plans to use the proceeds obtained to continue promoting its strategic growth plan in the three regions in which it is present -Europe, the US, and Latin America- that includes energy storage.
Country updates
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June 15, 2023
Acciona invests in Solideo to boost self-consumption and distributed generation businesses
ACCIONA Energía has announced the acquisition of a majority stake in Solideo, a Spanish company that specializes in self-consumption and energy efficiency solutions meant for small and medium-s...
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June 12, 2023
IPP Journal Presents its Newest Feature!
IPP Journal unveils the option of downloading Project’s Factsheet!
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June 02, 2023
Shell completes acquisition of 1,100 MW solar PV projects in Spain
Shell has completed the acquisition of a 1,100 MW solar photovoltaic facility located in Spain from Isemaren. The projects are installed across different regions in Spain. The deal is part...
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May 31, 2023
Financing secured for 54 MW Solar PV Project in Spain
BayWa r.e. and the commercial bank NORD/LB (Norddeutsche Landesbank) have successfully completed the financing of the 54.1 MW Alhendin solar agrivoltaic project in Andalusia, southern Spain....
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May 24, 2023
Siemens Gamesa, Grupo Daniel Alonso sign agreement to sell minority stake in WIndar
Grupo Daniel Alonso and Siemens have signed an agreement to sell the latter's 32% stake in Windar to Bridgepoint. Despite the acquisition, Orlando Alonso will stay on as CEO and President of Windar, a...
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