Altano Energy secures €81m to build Spanish renewables pipeline

• Altano Energy raised €81 million to construct a southern Spain portfolio combining two wind farms and three solar plants.

Altano Energy has closed €81 million in financing to accelerate construction of a multi-technology portfolio in southern Spain, including two onshore wind farms and three solar photovoltaic plants. The funding marks a scale-up for the independent power producer, which is assembling diversified assets to deliver steady generation profiles and bankable cash flows in one of Europe’s most active renewable markets.

Blending wind and solar is a deliberate choice. In Andalusia and neighboring regions, solar delivers surplus at midday while wind often picks up overnight and in shoulder seasons. Stacking both resources smooths output and improves capture prices versus single-technology sites. Designs across the portfolio follow contemporary best practice: high-efficiency PV modules on single-axis trackers where terrain permits, DC/AC ratios sized for annual yield, and turbine models matched to local wind regimes with low-noise operating modes near communities.

Grid friendliness is baked in. Plant controllers will provide reactive power, fault ride-through, and fast curtailment responses aligned with Spanish grid codes. Although batteries are not part of the initial scope, Altano is preserving transformer headroom and pad space for future storage retrofits—two to four hours of capacity that could shift afternoon solar into evening peaks and deliver frequency services as price spreads widen.

The financing package—expected to combine senior debt with equity—unlocks long-lead procurement of transformers, switchgear, and protection systems that often dictate schedules. Portfolio EPC frameworks and unified SCADA across sites should compress timelines and standardize O&M, enabling string-level monitoring, thermal inspections, and predictive maintenance routines that lift availability by basis points.

Community and environmental measures mirror Spain’s evolving expectations: construction traffic plans, storm-water controls sized for intense rainfall, hedgerow reinforcement, and species-rich groundcover beneath arrays to enhance biodiversity. Decommissioning provisions and recycling pathways for modules and balance-of-plant components are built in, providing long-term assurances to landowners and municipalities.

For Spain, the project suite adds flexible, low-carbon capacity without overreliance on any single resource or node. For Altano, it’s a platform bet—repeatable designs, disciplined interconnection, and diversified revenue that can scale into future auctions and corporate PPAs.