RPC and also Euder to establish Spanish PV projects

• The agreement covers a 1GW portfolio

Renewable Power Capital (RPC) has actually authorized an agreement with designer Euder Power to jointly establish 1GW of solar PV projects in Spain.

This agreement will see RPC and Euder develop early-stage projects.

Euder has a record of establishing 3.3 GW of power projects in Spain and also more than 1.2 GW in Latin America.

The deal states RPC's commitment to being a partner of option for designers across Iberia and reflects its broad investment horizon, extending the entire asset lifecycle from early-stage advancement to industrial procedures as well as lasting ownership.

RPC currently has a recognized visibility in the Spanish solar market, having concurred in 2021, soon after its development, to co-develop 3.4 GW of projects.

Mariano Berges, Chief Commercial and Technical Officer at RPC, commented: "We are bringing our flexible, long-lasting strategy to capitalise on the ongoing growth the Spanish solar market is seeing. This 2nd venture in Spain will continue to expand our industrial abilities as a firm and our neighborhood competence. We delight in to be working with the very skilled group at Euder to achieve this."

Francisco Cornet, Founding Partner at Euder, said: "We are grateful for the possibility to work with RPC, in addition to the count on revealed by their group throughout the negotiation procedure. We will certainly remain to broaden our presence in the Spanish market by performing a pipe of 1GW projects jointly with RPC and producing even more investment opportunities."