Q-Energy enters deal with Ence to acquire 90% stakes in 50 MW Termollano CSP project
Q-Energy, an investment fund manager based in Madrid, has entered a deal with Ence Energia y Celulosa SA for the sale of a 90% stake in the 50 MW Termollano concentrated solar project located in the province of Ciudad Real, Castile-La Mancha, Spain.
The transaction is valued at EUR168 million (US$199.5 million) that includes EUR81.5 million (US$97.49 million). The transaction is expected to close in before the end of 2021.
Ence has brought the project in November 2018.
Country updates
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December 03, 2020
Bayer, Iberdrola sign PPA for 590 MW Francisco Pizarro solar PV project in Extremadura
Iberdrola and Bayer in Spain are joining forces in the transition to a green economy with the signing of the first long-term power purchase agreement (PPA) between an electricity utility and a pharmac...
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December 01, 2020
Ence divests 49% share in its Spanish renewable unit to Ancala
ENCE Energía y Celulosa has agreed to sell 49% of the capital of Ence Energía S.L.U, excluding the Puertollano solar thermal power plant, to the infrastructure investment fund Ancala Par...
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November 30, 2020
Solarpack, Bruc Iberia commission 100 MW solar PV project in Alvarado-La Risca
Bruc Iberia Energy Investment Partners and Solarpack Corporación Tecnológica have opened a 100-MW PV plant in Alvarado-La Risca, Badajoz (Extremadura, Spain). The new PV plant, which co...
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November 30, 2020
Suma Capital partners with Efelec Energy to develop 30 MW Qoichi I solar portfolio
The SC Efficiency & Environment II Fund managed by Suma Capital has partnered with Efelec Energy through the purchase of 80% of its stake in Qoichi I. The objective is to provide the necessary res...
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November 27, 2020
Iberdrola sets to build the Herrera wind Complex in Castilla y León
Iberdrola has planned to build the Herrera Complex, which will be built in Burgos province, Spain. Siemens Gamesa has been awarded the contract to supply the first SG 4.5-145 wind turbines, with...
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