Home > Market > Other Regions > Here
ContourGlobal closes sale of 49% stake in Spanish 250MW CSP portfolio
2019.05.29 From: renewablesnow
ContourGlobal Plc (LON:GLO) completed on Monday the sale of a 49% stake in the 250-MW Spanish concentrated solar power (CSP) portfolio it purchased from Acciona SA (BME:ANA) in early 2018.
The deal was closed for EUR 134 million (USD 149.9m) payable in cash. The buyer is a fund advised by Credit Suisse Energy Infrastructure Partners AG.
The portfolio consists of five 50-MW CSP plants each in South-West Spain, each utilising parabolic trough technology. All of them are regulated under the Spanish renewable remuneration scheme.
The acquisition of the Spanish CSP assets in part contributed to the 23.5% year-on-year increase in the firm’s adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) to USD 147 million (EUR 131.4m) in the first quarter of 2019, ContourGlobal said.
Upcoming CSP events:
4th Annual CSP Focus MENA 2019（Jun.26-27, Dubai）
3rd CSP Focus Innovation 2019（Oct.24-25, China）
More CSP news and reports please visit www.cspfocus.cn
or CSP Focus social media on LinkedIn, Twitter, Facebook.
More from CSP Focus
NextAcciona has reached an agreement to sell its five concentrated solar power thermal plants in Spain
SolarReserve eyes Chile CSP wins as surplus PV disrupts markets
FROM GREEN DEAL TO GREEN RECOVERY: A joint initiative of the EU solar industry
China Silk Road Fund acquired 24.01% equity interest of Dubai DEWA 700MW CSP project
2018 Review: China concentrated solar power pilot projects’ development
ACWA Power Prepares to Run 2 Concentrated Solar Power Plants in Moroccan Ouarzazate
Leave your thoughts here
Reports(Member Only)
See more+-
CSP Focus Membership Proposals
We are now proposing CSP Focus Membership, hoping to better serve our members to keep pace with the latest updates of ongoing CSP projects worldwide, and to establish and maintain business relations with major shareholders of the projects. CSP Focus offers to Membership exclusive access to:1. Daily/Weekly update and analysis on CSP policies, projects, technologies, market trend and corporate relea
-
The Latest CSP Focus Monthly Update
Join CSP Focus Membership to Get the Latest CSP Focus Monthly Update December Edition.
-
CSP Project Monthly Update 2022 December Edition
CSP Focus is presenting CSP Project (China) Update 2022 December Edition.Detail report is available for CSP Focus Membership.
-
Presentations-CSP Focus China 2021
The Report is for CSP Focus Members only.
Upcoming Events
See more+-
12th CSP Focus China 2022
2022.04.21-22 Beijing
-
11th CSP Focus China 2021
2021.10.28-29 Beijing
-
10th CSP Focus China 2020
2020.10.22-23 Beijing, China
Project Updates
See more+-
Lanzhou Dacheng Dunhuang CSP Project
Asia Pacific-China，Operational，Parabolic Trough
-
Luneng Haixi 50MW Molten Salt Tower CSP Project
Asia Pacific-China，Operational，Power Tower
-
Dubai 950MW NOOR Energy 1 CSP+PV Project
MENA-UAE，Under construction，Power Tower
-
Power China Gonghe 50MW Molten Salt Tower CSP Project
Asia Pacific-China，Operational，Power Tower
