Aquila Capital has bought a solar project in Spain from Viridi RE and Green Enesys subsidiary Solar Ambition.
The investment firm has agreed to buy the 500MW solar photovoltaic projects under development for an undisclosed sum.
Andrew Wojtek, the head of investment management at Aquila Clean Energy EMEA said: “The agreement with Viridi RE and Solar Ambition for 500MW Solar PV projects marks another step in our commitment to generate clean energy and contribute to reaching a net-zero carbon economy.
“It also highlights the importance of the Spanish renewable market for our growth strategy in Southern Europe.”
Carlos Izquierdo, chief sales and development officer of Viridi Group, said: “This achievement and cooperation are very important as we will produce clean and renewable energy and contribute to the energy transition.
“We aim also to contribute, by mean of this investment, to the economic growth and social development of the local communities where the projects are located.”
Marianella Chabaneau, COO of Green Enesys, said: “We are delighted to have completed this successful transaction with Aquila Capital, who is an experienced investor in the field. It marks a key milestone to consolidate our position in the Spanish market, while actively contributing to the decarbonisation of the energy matrix in Spain.”
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