TerraForm enters agreement for 100 MW Spanish CSP projects
Date
November 20, 2019
Type
M&A Transactions
Subtype
Transaction agreement announced
Countries
Spain
Subsectors
Concentrated Solar
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TerraForm Power Inc has entered into an agreement for the acquisition of two concentrated solar power (CSP) plants in Spain with a combined capacity of 100 MW.
The solar projects have an individual capacity of 49.9 MW.
The deal represents a total investment of EUR94.1 million (US$104 million). The transaction is expected to close by the first quarter of 2020.
