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Masdar Acquires Saeta Renewables Platform and Partners with Endesa for a Portfolio of Operating and Development Wind and Solar Projects with a Total Capacity of over 4GW in Spain and Portugal

/Abu Dhabi, U.A.E, December 23, 2024, 11:30 GMT, Masdar, RENEWABLE MARKET WATCHTM/ Masdar, the UAE's leader in clean energy, has significantly expanded its European portfolio by completing two major acquisitions in Spain and Portugal to underpin its ambitious growth plans further. Masdar acquired Saeta Yield ("Saeta") from Brookfield Renewable Partners (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners ("Brookfield"), for an enterprise value of €1.2 billion and an equity value of €696 million.
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Agricultural Work Started at 54 MWp Photovoltaic (PV) Park Alhendín of BayWa r.e. in Spain

/MUNICH, GERMANY, December 12, 2024, 10:00 CET, BayWa r.e./ BayWa r.e. is pleased to announce that agricultural work recently has commenced at Alhendín solar park, combined with environmental and community measures. Thanks to an innovative PPA agreement with the VELUX Group, this flagship 54 MWp-photovoltaic (PV) park in the South of Granada, Spain integrates renewable electricity production, agriculture and biodiversity. Alhendín began delivering electricity to the local power grid in May of this year. The solar park includes an Agri-PV system that combines energy generation with agricultural production, allowing modern farming…
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BayWa r.e. Completed the Construction of the Tarquinia Solar Photovoltaic Power Plant in Italy with an Installed Capacity of 51.4 MWp.

/MUNICH, GERMANY, October 8, 2024, 11:00 CET, BayWa r.e./ BayWa r.e. is pleased to announce the completion of the Tarquinia solar park in Italy with an installed capacity of 51.4 MWp. The plant consists of more than 94,000 fixed solar modules providing electricity from renewable sources to more than 35,000 households. BayWa r.e. acted as the general contractor and developer of the project, managing not only the development of the park and all the authorisation phases, but also its construction and the installation of the photovoltaic (PV) panels. With work now…
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Statkraft has Completed the Acquisition of the Spanish Renewable Energy Company Enerfin

/MADRID, May 23, 2024, 12:00 CET, Statkraft/ Statkraft has completed the acquisition of the renewable company Enerfin, which is headquartered in Spain. The closing of the Enerfin deal significantly builds scale and strengthens Statkraft’s position in Spain and Brazil. The transaction adds a portfolio of 1.5 GW of wind and solar power projects in operation and under construction, as well as a pipeline of projects under development.
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Sonnedix and Endesa Sign a 12-year PPA for 77MW Portfolio in Spain

/MADRID, March 1, 2023, 11:00 GMT, Sonnedix/ Sonnedix, the international renewable energy producer, and Endesa Spain’s largest electric company, have signed a twelve-year renewable energy power purchase agreement (PPA). The green energy is produced by a 77MW solar PV portfolio acquired by Sonnedix in July 2021, comprised of five solar plants located in Valladolid, Castilla y León province of Spain. The projects are currently under construction and are expected to start operations within the first quarter of 2023. 
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Iberdrola is Already Among the Key Market Players in the UK with the Acquisition of 800MW Solar Photovoltaic (PV) Projects

/LONDON, January 17, 2022, 9:15 GMT, Iberdrola, RENEWABLE MARKET WATCHTM/ Iberdrola, through its British subsidiary ScottishPower has signed two deals to acquire 17 solar photovoltaic (PV) projects in the UK, with a combined capacity of more than 800 MW. The contracts have been concluded separately with Elgin Energy, which owns 12 projects, and Lightsource BP, which controls the rest. Both companies are experienced developers with a long track record in renewable energy. The projects, across England, Scotland and Wales, are in advanced stages of development and will be operational by…
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Lightsource bp and Portuguese Gas Utility Dourogas Formed a Green Hydrogen Joint Venture to Invest in Solar and Hydrogen Infrastructure in Portugal

/LISBON, December 20, 2021, Lightsource bp/ Global solar developer Lightsource bp and Portuguese gas utility Dourogás have agreed a unique green hydrogen joint venture to invest in solar and hydrogen infrastructure in Portugal. The partnership will explore the potential of eight green hydrogen sites. As much as 200MWp of solar projects developed by Lightsource bp will power 130MW electrolysers, developed by Dourogás, that will convert water to green hydrogen and oxygen. 
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