Matrix Renewables, a TPG rise-backed renewable energy platform, has announced a new long-term financing agreement with Banco Santander for its 50 MW Olivares Project, which is located in the Spanish province of Jaen.
The construction of the Olivares solar plant is expected to create 175 jobs, of which 40% are local. It is expected to begin operating in the third quarter of 2022, delivering clean electricity to households and businesses in Spain.
Country updates
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February 01, 2022
Malta Iberia wins project development agreement for 100 MW Sun2Store facility in Spain
The European Union and the European Investment Bank have awarded Malta Iberia Pumped Heat Electricity Storage S.L.U. (Malta Iberia), a European affiliate of Malta Inc., with a Project Development Assi...
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January 31, 2022
Ingeteam to provide O&M for 50 MW Curtis-Teixeiro biomass-fired power plant in La Coruña
Ingeteam has been awarded a biomass plant operation and maintenance (O&M) contract by Greenalia. The company will maintain the Curtis plant in the Galician region of Teixeiro in A Coruña.&n...
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January 25, 2022
Siemens Gamesa to supply turbines for 94 MW Iglesias wind farm in Burgos
Iberdrola SA has contracted Siemens Gamesa Renewable Energy SA to supply wind turbines for the 94 MW onshore wind farm project in Spain. Named as 'Iglesias wind farm', the project will have&nbs...
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January 20, 2022
Iberdrola inaugurates the 40 MW Aranuelo III solar with 3 MW/9 MWh energy storage project in Romangordo
Iberdrola has inaugurated the 40 MW Aranuelo III PV solar with a 3 MW/9 MWh energy storage project located in the department of Almaraz, Extremadura region of Spain. Ingeteam, an inverter...
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January 17, 2022
Vinci completes acquisition of ACS' Spanish energy business
French infrastructure company Vinci has completed the acquisition of the Spanish energy business Cobra IS from ACS. The final purchase price of EUR4.9 billion (US$5.77 billion), financed entire...
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