Luxcara and Alpiq have entered into a physical long-term power purchase agreement (PPA) for the output of the solar project Guillena-Salteras in Spain. The agreement comes after closing their first long-term PPA for the project El Salobral.
The solar project Guillena-Salteras is located north of Seville in Andalusia, one of the sunniest locations in all of Europe. With a capacity of approximately 121 MW, the solar plant will provide more than 53,000 Spanish households with renewable energy.
The solar project Guillena-Salteras was acquired by Luxcara for a portfolio for institutional investors in December 2018. Construction works started immediately after acquisition and are progressing according to plan. The start of production is planned for the first half of 2020.
Country updates
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August 12, 2019
KGAL sells 41 MW solar plants in Spain
KGAL Investment Management GmbH & Co KG is set to sell its five solar photovoltaic plants in Spain with a combined capacity of 41 MW. KGAL acquired five solar farms in the autonomous provin...
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August 12, 2019
Endesa to build and operate solar PV systems for University of Jaen in Spain
Endesa has won a contract to build two solar photovoltaic (PV) self-generation systems and install them at Lagunillas and Linares campuses of the University of Jaen in Andalusia. Endesa wi...
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August 09, 2019
Greenalia obtains loan for the launch of its five wind projects in Spain
Greenalia has obtained a loan of EUR84 million (US$93.2 million) for the financing of five wind farms with an installed capacity of 74.22 MW in Spain. The installations are included in the Eolo proje...
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August 07, 2019
EDPR completes sale of 997 MW European wind portfolio
EDP Renewables (EDPR), part of Energias de Portugal SA, has completed the sale of its interest in an operating 997 MW European onshore wind portfolio to institutional investors advised by JP Morgan As...
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August 05, 2019
ENGIE to build 29 MW biomass heating plant in Spain
Engie has been awarded the construction and operation of a new biomass-based heat plant in Pamplona that will supply heat to 4,500 homes and several public buildings in the Navarre capital. Promoted...
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