I Square Capital-backed Grupo T-Solar acquired Ibereolica Solar.

I Square Capital-backed Grupo T-Solar, which generates clean energy with photovoltaic solar power plants, acquired Ibereolica Solar, which holds two concentrated solar power plants in Spain. Financial terms were not disclosed. 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.”