BNZ launches 74 MW solar farms in Spain

• BNZ shines bright in Southern Europe with two new solar plants in Spain, paving the way for a sustainable future with plans for further expansion.

BNZ, an independent power producer focused on Southern Europe, has inaugurated two solar photovoltaic plants with a total capacity of 74 MW in Cadiz province, southern Spain. The Alya and Alamak solar farms, located in Alcala de los Gazules, are the first facilities opened by BNZ in Spain. These projects were built by Spanish developer Grupotec, which sold a portfolio of solar projects to BNZ's parent group Nuveen Infrastructure in 2021.

BNZ plans to install approximately 600 MWp of solar capacity in Spain by 2026 as part of its goal to reach over 1.7 GW of solar PV across Southern Europe by the end of 2026. The company's expansion in the region reflects the growing trend towards renewable energy sources and the increasing investment in solar power projects.

What is BNZ's solar capacity goal in Spain by 2026?

• BNZ's solar capacity goal in Spain by 2026 is to install approximately 600 MWp of solar capacity
• This is part of BNZ's larger goal to reach over 1.7 GW of solar PV across Southern Europe by the end of 2026
• The company's expansion in the region reflects the growing trend towards renewable energy sources
• BNZ's parent group Nuveen Infrastructure acquired a portfolio of solar projects from Spanish developer Grupotec in 2021, including the Alya and Alamak solar farms in Cadiz province, southern Spain.