Home > Market > Other Regions > Here
T-Solar to acquire two concentrated solar power plants in Spain
2018.03.27 From: helioscsp
Grupo T-Solar, a leading independent solar power producer in Spain and a portfolio company of I Squared Capital, has signed an agreement to acquire two operating concentrated solar facilities in Spain with a combined installed capacity of 100 megawatts from multiple sellers.
Grupo T-Solar, a leading independent solar power producer in Spain and a portfolio company of I Squared Capital, has signed an agreement to acquire two operating concentrated solar facilities in Spain with a combined installed capacity of 100 megawatts from multiple sellers.
The portfolio uses parabolic trough thermosolar technology (without salt storage) and includes the 50-megawatt Project Moron in Seville and the 50-megawatt Project Olivenza in Badajoz. Since beginning operations in 2012, the two plants have delivered more than 200 gigawatt-hour per year to the grid, or enough power for annual needs of approximately 160,320 people.
Marta Martínez Queimadelos, Chief Executive Officer of Grupo T-Solar, said: “This is an important acquisition for Grupo T-Solar as it incorporates a different solar technology into our portfolio while taking advantage of synergies with the current platform and further strengthens our leading position in the Spanish solar sector.” Global portfolio of Grupo T-Solar has 386 megawatts of operating capacity that generates over 634 gigawatt-hour of clean electricity per year and avoids the emissions of 155,370 tons of CO2 into the atmosphere.
The transaction is subject to customary closing conditions. Grupo T-Solar was advised by Banco Santander (financial), Ernst & Young (financial and tax), Enzen (technical) and Pérez-Llorca (legal) in this transaction.
Relevant CSP Conference:2018 CSP Focus Conference(June 27-28 Morocco)
More from CSP Focus
NextLeave 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