Spain: Galp acquires 220 MW of solar PV projects in Spain expanding its renewable portfolio to over 4 GW
03 Aug 2021
Galp has signed final agreements with
Enerland for the acquisition, development and construction of a renewable portfolio in Spain with combined capacity of around 220 MW.
The operation involves the acquisition of one cluster of projects totalling 62 MW in Zaragoza, already at Ready-to-Build (RTB) phase and with Commercial Operation Date (COD) expected during 2022. In addition, it comprises three projects in Castilla y Léon and Aragón totalling 161 MW at an advanced stage of development, with COD expected during 2023.
This agreement is part of Galp’s strategy to grow a competitive renewable generation portfolio and is fully aligned with the capital allocation guidelines presented at its June Capital Markets Day.
Press Release - MINING COM
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