TerraForm finalizes acquisition of NextEra's 100 MW of Spanish CSP plants
TerraForm Power Inc. has completed the acquisition of a nearly 100 MW portfolio of concentrated solar power facilities in Spain from NextEra for a total price of EUR94.1 million (US$101.5 million), plus working capital adjustments.
The portfolio comprises two 49.9 MW facilities, each with nine hours of storage capacity.
Country updates
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February 20, 2020
Brookfield closes acquisition of 50% stake in X-Elio
Brookfield Asset Management has closed the acquisition of the 50% stake in the Spanish renewable energy developer X-Elio in the fourth quarter of 2019. In November 2019, the European Commission...
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February 19, 2020
Iberdrola starts construction of 50 MW solar PV project in Azaila
Iberdrola has started the construction of its first photovoltaic plant in Aragon, with 50 MW of installed power, located in the municipality of Azaila, in Teruel. The photovoltaic plant, consisting o...
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February 18, 2020
Total enters Spanish solar market with 2 GW of projects
Total, through its wholly owned affiliate Total Solar International, is establishing its presence on the Spanish solar market through two agreements with Powertis and Solarbay Renewable Energy that st...
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February 18, 2020
Arcano Partners raised EUR215m for its sustainable infrastructure fund
Arcano Asset Management, the asset management arm of Arcano Partners, has reached EUR215 million (US$233.14 million) in its fund of sustainable infrastructure. The Arcano Earth Fund aims...
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February 17, 2020
EKZ begins construction of 49 MW Algibicos solar project in Torre-Pacheco
Following the acquisition in November 2019 from Aventron, Elektrizitätswerke des Kantons Zürich (EKZ) has started the development of the 49 MW solar PV project in Spain. Algibicos sola...
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