Announced
Financials
Sources
Tags
Private
Majority
solar power plants
Spain
Renewable Energy Equipment
Friendly
Infrastructure
Pending
Acquisition
Domestic
Single Bidder
Synopsis
Bruc Energy, an operator of solar projects in Spain and Portugal, to acquire 20 solar projects in Spain from Opdenergy, an independent sustainable energy producer focused on solar photovoltaic and onshore wind technologies, for $820m. “We thank Bruc Energy for the trust placed in Opdenergy. We have once again demonstrated our ability to negotiate financing alternatives for our business model and the quality of our project portfolio. This agreement is a very important milestone for us and our company, as it will allow us to continue developing new clean energy projects and to continue executing our business plan," Luis Cid, Opdenergy CEO.
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