Following the acquisition of an initial 17 MWp portfolio under development in Aragon at the end of 2022, and the appointment of its Managing Director Jonathan Jay, the French group’s new Spanish subsidiary announces the acquisition and start of construction of a 24 MWp portfolio, also in Aragon. The power plants are scheduled for commissioning at the end of 2024.

The portfolio comprises 6 solar farms, each with a capacity of 4 MW, currently being built in the municipalities of Zuera, Muel and Pedrola, near Zaragoza.

In line with its strategy of selling energy directly, CVE is working to set up a PPA contract with an industrial customer for the sale of electricity to be generated by these power plants, with the aim of concluding an agreement in early 2024.