Q-Energy buys 120 MW Spanish CSP projects
Spanish fund manager Q-Energy has acquired Torresol Energy Investments – the owners of 3 concentrated solar power portfolio in Spain – from Sener and Masdar.
The portfolio, located in Seville and Cadiz, involves Gemasolar plant (20 MW) -- the first tower thermosolar in the world to have molten salt storage -- and the Valle 1 and 2 parks, each with 50 MW of capacity. All the plants have thermal storage systems. Together, these plants are capable of generating enough power to meet the demand of 100,000 local homes.
Sener and Masdar have been advised by Banco Santander and Latham & Watkins while Q-Energy has had the advice of Lazard & Cia and Garrigues.
Country updates
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September 18, 2020
Galp completes acquisition of 75% shares in 2.9 GW Spanish solar portfolio
Galp and ACS have completed the transaction for the creation of a joint venture (JV) to develop 2.9 GW of solar photovoltaic projects in Spain. Galp acquired 75.01% of the target solar company, while...
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September 16, 2020
Qualitas Energy enters deal with TSK for the sale of Spanish solar portfolio
Qualitas Energy Partners has entered into an agreement with TSK Group for the sale of its 39.34% stakes in the 50 MW La Africana solar portfolio and solar photovoltaic facilities of Sirius S...
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September 11, 2020
Iberdrola begins construction of 150 MW solar projects in Castile-La Mancha
Iberdrola has started the construction of three photovoltaic projects in Castilla-La Mancha, Spain, totaling 150 MW: Barcience, which is built in the Toledo municipality of Bargas; and El Romeral and...
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September 10, 2020
FRV achieves fin close for the 138 MW San Serván solar PV plant in Solana de los Barros
Fotowatio Renewable Ventures (FRV) and Natixis have closed a non-recourse project financing of the 138 MWdc San Serván photovoltaic plant in the town of Solana de los Barros in Extremadura, Spa...
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September 08, 2020
Foresight invests in 26.1 MW Virgen del Carmen solar PV project in Huelva
Foresight Solar, a fund investing in a diversified portfolio of ground-based solar PV assets in the UK and internationally, has announced the acquisition of its first solar asset in Spain. The 26.1 M...
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