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Announced

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

Synopsis

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.

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