Everwood Capital completed the acquisition of 2 photovoltaic projects from Medina Garvey.

Everwood Capital, an investment management company, completed the acquisition of 2 photovoltaic projects from Medina Garvey, a multifaceted Spanish company. Financial terms were not disclosed. "With this new acquisition, Everwood expands its mature portfolio of photovoltaic projects in Spain to 1.05 GW, of which 74 MW will enter operation in the coming weeks, 807 MW are under construction, and 167 MW are in the EPC bidding phase, with construction expected to begin shortly. Of the aforementioned projects, 819 MW benefit from bank financing provided by top-tier institutions on very attractive terms, allowing for optimized returns for its investors," Everwood statement.