High-voltage power lines and electricity pylons stand near an array of solar panels from a solar energy park in Saelices, Spain, May 11, 2022. Picture taken May 11, 2022. REUTERS/Susana Vera/ File Photo Purchase Licensing RightsRenewable energy-focussed investment fund NextEnergy Capital has reached an agreement to buy 12 solar power projects in Spain with an overall capacity of 248 megawatts (MW) and eyes more opportunities in the country, it said on Monday.
The projects are in Spain's northeast and the investment is made via NextEnergy's NextPower V ESG fund, which did not disclose how much it paid for the portfolio.
"We expect to continue investing in Iberia through our Madrid office and as NPV ESG currently has multiple additional projects under advanced negotiation in the region," Antonio Salvati, managing director at NextPower V ESG, said in a statement.
