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.