EiDF Purchases 238 MWp of Solar Projects in Spain

Sep 1, 2023 03:16 PM ET
  • EiDF acquires 238 MWp of solar projects in northern Spain, including two large-scale projects with an EIS in place. Commitment to smaller-scale projects remains for commercial and industrial customers.
EiDF Purchases 238 MWp of Solar Projects in Spain

EiDF, a Spanish solar energy installer, has acquired 238 MWp of solar projects in Burgos province, northern Spain. The package comprises a 100-MWp Garona Alfacuarta project and the 138-MWp Barcina Garona Vega I and II project, divided into two sections of 69 MWp each. Both have an environmental impact statement (EIS) in place, with consent expected soon. Financial details and the selling party remain undisclosed.
EiDF has traditionally focused on solar self-consumption systems for commercial and industrial customers. Despite the large-scale projects, the company remains committed to its strategy of constructing plants not exceeding 10 MW to reduce paperwork and strengthen the portfolio.

What Are the Details of EiDF's Acquisition of 238 MWp in Burgos?

  • The 238 MWp acquisition package includes the 100-MWp Garona Alfacuarta project and the 138-MWp Barcina Garona Vega I and II project, divided into two sections of 69 MWp each.
  • Both projects have an Environmental Impact Statement (EIS) in place, with consent expected soon.
  • Financial details and the selling party remain undisclosed.
  • This acquisition marks a shift in EiDF's strategy from solar self consumption systems for commercial and industrial customers to large-scale projects.
  • The company has worked to reduce paperwork on such projects, by constructing plants not exceeding 10 MW.
  • The acquisition is expected to significantly increase EiDF's portfolio of solar plants in Burgos, and is part of the company's ongoing efforts to expand its presence in the region.

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