Bruc

Bruc secures EUR 600 million to fund 8.5 GW of wind and solar projects across Spain, with financiers including Banco Santander, ING, Instituto de Credito Oficial, BNP Paribas and Intesa Sanpaolo. Financing to cover a substantial part of investments with energy storage projects also being developed.

These 8 projects are in enhancement to twelve already in the hands of Bruc and have been transferred in recent months. With the transfer of these assets, Opdenergy is approaching 2 GW marketed to third parties in Spain, Italy, Mexico, UK as well as the US.

The Spanish business has acquired six projects from Opdenergy in the provinces of Cádiz, Zaragoza, Teruel and Palencia

Spain's most recent renewables public auction closed with solar PV prospective buyers being granted just 866MW of capability, with gamers such as Naturgy and Bruc among the winning participants.

Spanish renewable resource project designer OPD Energy has reached an agreement to offer 20 solar projects in Spain with a total ability of 1,044 MW to Bruc Energy, a property supervisor in the renewable resource industry.

Bruc Japan, a renewables system run by Spanish fund supervisor Bruc Management, authorized a collaboration contract with German PV and energy storage designer IBC Solar to create a 20-MW solar portfolio in Japan.

The solar power plant will certainly generate sufficient power for 40,000 residences and also will certainly save 53,000 lots of CO2 emissions a year.