Announced

Galp to acquire three photovoltaic projects from Enerland.

Synopsis

Galp, an integrated energy company, agreed to acquire three photovoltaic projects from Enerland, a renewable energy company. Financial terms were not disclosed. The operation involves the acquisition of one cluster of projects totalling 62 MW in Zaragoza, already at ready-to-build phase and with commercial operation date expected during 2022. In addition, it comprises three projects in Castilla y Léon and Aragón totalling 161 MW at an advanced stage of development, with COD expected during 2023.

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