US EditionGrenergy Closes the Sale of Two Plants of 297 Mw for 273 Million and Achieves Capital Gains of 75 Million
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Grenergy has completed the sale of the solar parks 'Tabernas' (Almería) and 'José Cabrera' (Guadalajara), with a combined capacity of 297 megawatts (MW), to Allianz and to a group of institutional investors advised by Allianz Global Investors UK Limited, for a company value of 273 million euros. This transaction puts an end to the process initiated two years ago, when Grenergy reached a sales agreement with Allianz, as reported this Monday by th…
Grenergy has completed the sale of the solar parks ‘Tabernas’ (Almería) and ‘José Cabrera’, in the province of Guadalajara and on part of the land occupied by the former nuclear power station of Almonacid de Zorita. The joint capacity in this operation is 297 megawatts (MW). Guadalajara, in particular, is about 47 MW, although with a planned production of 90.5 GWh per year when its development ends. The buyers are Allianz and a group of institut…
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