Dominion Sells 38-MW Solar Park to Japan

Dec 29, 2023 01:05 PM ET
  • Dominion divests another large PV plant in Spain, taking its total divestment to over EUR 200 million. Invest in the future of renewable energy!

Dominion said the deal is its fourth sale of a large PV plant in Spain, taking its divestment total to around EUR 200m.

How Much Has Dominion Divested in Spain's Solar Industry?

  • Dominion is a United States energy company with a global presence.
  • The company has been active in the Spanish solar energy market since 2008.
  • The company's latest deal is to divest its interests in a large photovoltaic (PV) plant in Spain.
  • Dominion has sold four large PV plants in Spain to date, with a total divestment value of around €200 million.
  • The latest deal is the largest of the four, with a value of €140 million.
  • The PV plant is located in the municipality of Cortes de Pallás in the province of Valencia.
  • The plant has an installed capacity of 33 megawatts and is expected to generate more than 50 gigawatt-hours of electricity per year.
  • The energy produced by the plant will be used to power more than 10,000 homes in Spain.
  • Dominion has also invested in a number of smaller PV plants in Spain.
  • The company has said that their investments in solar energy in Spain demonstrate their commitment to clean energy and their commitment to the Spanish market.

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