ERG to acquire the 91.6 MW solar farms in Spain from Grupotec Servicios Avanzados for $105m.

ERG, an Italy-based independent power producer, agreed to acquire the 91.6 MW solar farms in Spain from Grupotec Servicios Avanzados, a Spanish engineering firm, for $105m. Through this arrangement, ERG Power Generation will be acquiring a 50 MW solar farm in the Spanish region of Castile La Mancha and a 41.6 MW plant in Andalusia.