Aquila to get 500MW solar portfolio

• Asset manager agrees acquisition of development-phase Spanish projects

German asset manager Aquila Capital has agreed to buy a 500MW solar PV portfolio under advancement in Spain.

Viridi RE and also Solar Ambition Europe, a subsidiary of Green Enesys Group, will certainly retain ownership of the projects till they have actually reached ready-to-build status.

Viridi and also Green Enesys are developing the solar plants as part of a worldwide 5GW renewables advancement pipeline, which includes green hydrogen projects.

They have actually been encouraged on the sale of the Spanish assets by M&A partner Akereos Capital and law office Montero Aramburu.