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 resources to develop and build small-scale (1 MW) solar photovoltaic power plants in Spain.
Qoichi has a portfolio of 30 MW of projects, mostly 1 MW each, and in an advanced state of development, which will come into operation from January 2021.
Country updates
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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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November 23, 2020
Elawan Energy secures financing for 250 MW Campanarios solar PV portfolio in Albacete
Elawan Energy has secured a EUR92 million (US$108.9 million) loan for the project financing of its 250 MW Campanarios photovoltaic portfolio in Spain. Watson Farley & Williams (WFW) has advised E...
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November 20, 2020
Statkraft signs agreement to Solarcentury buyout
Statkraft has signed an agreement for the acquisition of 100 percent of the shares in Solarcentury Holdings and its subsidiaries. The main shareholders were previously Scottish Equity Partners, Vantag...
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November 18, 2020
Bayer and Iberdrola sign PPA for Europe's largest photovoltaic plant in Spain
Spanish utility group Iberdrola SA and German pharmaceutical and life sciences company Bayer AG have joined hands for 10 years power purchase agreement (PPA) for 590 MW Francisco Pizarro solar ph...
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November 13, 2020
RWE finalizes purchase of 2.7 GW European wind and solar portfolio
RWE and Nordex have successfully completed the process of acquisition of Nordex’ European onshore wind and solar development platform by RWE. According to RWE, 15% of the pipeline projects are...
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