BNZ to promote 473 MWp of solar projects in Spain

• Independent power producer (IPP) BNZ, part of London-based fund supervisor Glennmont Partners, introduced today it will promote a 473-MWp portfolio of ready-to-build solar projects in Spain.

Consisted of eight photovoltaic (PV) plants, the package was acquired by Glennmont Partners from Spanish design as well as consulting services strong Grupotec Servicios Avanzados SA.

The IPP will oversee the building as well as procedure of the eight plants, while Exus Management Partners and also working as a consultant Vector Renewables will certainly support BNZ in the growth supervision as well as the proprietor's engineering tasks, specifically.

Found around Andalusia, Valencian Community, Extremadura as well as Murcia, BNZ expects the PV parks to be up and running in 2024. Their outcome will have the ability to fulfill the yearly electricity need of some 170,000 individuals and also balance out 245,000 tonnes of carbon dioxide (CO2) exhausts.

BNZ targets having over 1 GW of capacity by 2024 in Spain, Italy and Portugal.