August 29, 2017
Grenergy Renovables has agreed to sell 10 solar photovoltaic power plants in Chile to a local renewable energy investor for approximately $75m, according a securities filing on the Madrid Mercado Alternativo Bursatil.
The buyer identity of the yet-to-be-built plants, which total 59.3 MW, was undisclosed.
The portfolio will be sold throughout Q4 next year and Q1 in 2019. Contract negotiations and offtaker contracts will also be finalized throughout this time. Should Grenergy pursue the construc
Spanish renewables developer could net more than $75m from the sale