NextEnergy Solar Fund Ltd (NESF) has signed a long-term Power Purchase Agreement (PPA) with Statkraft for the purchase of energy from the 210 MW solar photovoltaic project located in Santarem, Portugal over an eight-year contract.
The deal builds on an existing relationship between NextEnergy and Statkraft, through a prior supply deal for a separate 50MW venture in Spain (via 25% owned Agenor).
NextPower III ESG is an US$896mn private solar fund focused on utility-scale solar assets in OECD markets, which provided NESF the opportunity to efficiently and quickly access an established portfolio of operational and in-construction international solar assets.
Country updates
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March 31, 2023
Greenvolt to install 11 MWp at six units Super Bock Group
Greenvolt - Energias Renovaveis SA has secured a deal to install around 11 MWp of solar systems at six sites of Super Bock Group, a beverage company in northern and central Portugal. The deal was mad...
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March 03, 2023
BP, Iberdrola sign Spanish alliance agreement
BP and Iberdrola have formed a joint venture to invest EUR1 billion (US$1.07 billion) in charging infrastructure in Spain and Portugal. The companies will deploy 12,000 fast-charging points by 2030, w...
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February 20, 2023
IberBlue to develop 990 MW floating offshore wind project off the coast of Figueira da Foz
IberBlue Wind has confirmed its plans to build the Botafogo floating offshore wind project in Portugal, specifically off the coast of Figueira da Foz. This asset will comprise 55 wind turbines that ca...
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February 14, 2023
CIP to invest in 2 GW offshore wind project in Portugal
Copenhagen Infrastructure Partners (CIP) has announced its plans to construct the 2 GW Nortada Offshore Wind Project in Portugal's Figueira da Foz.
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February 10, 2023
Gransolar begins construction on 82 MW solar PV project in Castelo Branco
Gransolar has started the construction of KGAL's 82 MW solar photovoltaic (PV) project in Penamacor, in the Castelo Branco region of Portugal. The solar plant will be constructed on a sloping area an...
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