Statkraft divests four solar parks in Cadiz

Statkraft has entered into an agreement to sell its portfolio of four co-located solar parks in Cadiz, Southern Spain, to London-listed investor, TRIG, which is managed by InfraRed Capital Partners and RES.

Statkraft will retain the responsibility for the construction, which will begin in September. All four solar parks are projected to be finalized by the fourth quarter of 2022. This is the first major transaction of a Solarcentury-developed project for Statkraft since the acquisition of the company in November 2020. The solar parks have a total capacity of 234 megawatts peak (MWp).