Green Genius offers six Spanish solar projects

• OX2 will certainly purchase the portfolio, which totals 152MW

Green Genius will certainly sell 6 late-stage solar power projects in Spain with a complete capacity of 152MW to OX2 under a new deal.

The projects lie in Andalusia, Spain's area with the highest degree of solar radiation. All the obtained late-stage projects have acquired environmental permits.

"The projects in Andalusia have actually been established with great care and also are very valued out there. We're pleased to pass it over to a new trustworthy owner. At The Same Time, Green Genius is to continue concentrating on the search and development of new projects," said chief executive officer of Green Genius Ruslanas Sklepovicius.

"I am extremely pleased to be able to announce our second acquisition of solar power projects in Spain, which is a market with substantial possibility for OX2. Spain is among Europe's largest renewable resource markets, with enthusiastic sustainable power targets and also solid capitalist passion," said Paul Stormoen, CEO of OX2.