Lightsource BP’s latest acquisition brings Spanish pipeline to 3GW

Facebook
Twitter
LinkedIn
Reddit
Email
Lightsource BP is making substantial investments in its Spanish pipeline. Image: Lightsource BP

Lightsource BP has added 703MW to its Spanish pipeline through the acquisition of projects from Grupo Jorge, bringing its total pipeline in Spain to 3GW.

The acquisition consists of three Aragon-based projects, which Lightsource BP will start construction on next year. Two projects in Zaragoza have a capacity of 292MW and 130MW, while the third in Huesca province will generate 281MW.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The deal reinforces the company’s presence in the northern Spanish region, with around 1.1GW of projects in development, construction and operation in Aragon.

Lightsource BP’s Spanish team have grown a 2.6GW portfolio in less than six months through strategic partnerships, with 400MW either built or in construction.

Furthermore, the company hopes to bring an additional 148.5MW into construction this year. “We look forward to increasing our investments and activities across the region,” said Fernando Roger, Lightsource BP country head for Spain.

Lightsource BP recently announced a  €900 million investment in a 1.35GW pipeline in Portugal and has secured a 640MW co-development in Greece.

Read Next

July 11, 2024
Iberdrola has signed a power purchase agreement with fast food chain Burger King to supply power from part of a 553MW solar PV plant. 
July 11, 2024
German renewables company BayWa r.e has sold a 95MW solar PV plant in Spain to independent power producer Encavis Asset Management.
Premium
July 11, 2024
Simon Yuen takes a close look at Soltec’s floating solar tracker, which the company says is based on naval design principles.
July 9, 2024
Spain has passed a regulation regarding the installation of floating solar PV (FPV) on reservoirs in the country.
July 3, 2024
Spanish renewable power developer Zelestra has added €225 million (US$242.1 million) in loan financing to its funding streams.
July 1, 2024
Chinese module manufacturer Trina Solar has signed a collaboration agreement with IES-UPM to drive innovation in the solar industry.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
July 31, 2024
1:00 PM (BST) / 2:00PM (CEST)
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA
Solar Media Events
October 15, 2024
Santiago, Chile