Everwood Capital has signed EPC contracts for over 200 MW of photovoltaic projects in Spain, securing financing for 109 MW, and solidifying its investment in the growing renewable energy market.
Target Information
Everwood Capital is advancing its portfolio of photovoltaic projects in Spain by signing various Engineering, Procurement, and Construction (EPC) contracts for over 200 MW of capacity and securing financing for 109 MW. The projects belong to Everwood's Funds IV and V, which are focused on the construction and operation of renewable energy projects in Southern Europe.
The EPC contracts have been signed for four projects totaling 166 MW located in Sevilla, along with an additional 35 MW project in Murcia. The secured financing will be allocated to the development and commissioning of six projects situated in Mérida, totaling a combined capacity of 74 MW, alongside the 35 MW project in Murcia.
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Industry Overview in Spain
The renewable energy sector in Spain has witnessed significant growth over recent years. Spain is one of the leading countries in Europe in adopting renewable sources
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