Mytilineos sells 100MW of solar projects in southern Spain to Aquila Capital

Facebook
Twitter
LinkedIn
Reddit
Email
Once completed in Q3 2022, the projects will provide 200GWh of clean energy, Mytilineos said. Image: Mytilineos.

Greek renewables developer Mytilineos has agreed to sell 100MW of PV projects in southern Spain to Aquila Capital for an undisclosed amount as the German investment firm continues to expand its European PV portfolio.

The Jaen and Guillena solar projects each have a 50MW capacity and are expected to come into operation by the end of Q3 2022. They are both located in the region of Andalucia and are currently under construction by the Mytilineos Renewables and Storage Development (RSD) business unit.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • 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

Andrew Wojtek, head of investment management at Aquila Clean Energy for EMEA, said he was very pleased with the transaction’s “strategic fit”.

“On the one hand these very advanced solar projects are a great addition to our local portfolio, with operations to start and investor returns to be generated still in this year,” said Wojtek. “On the other hand, this cooperation with a strong international company like Mytilineos offers great potential for the future.”

Aquila capital last month bought a controlling stake in 421MW of solar PV and 90MW of energy storage in Italy from Spanish solar company Soltec under a co-development agreement.

Nikos Papapetrou, general manager of the RSD business unit, said Spain was “one of the most important markets for Solar PV in Europe, with significant capacity increase targets”, with the Greek industrial group’s renewables and storage unit continuing at “full speed” following a strong 2021.

Papapetrou told PV Tech Premium last month that a strong 2021 should be seen in the context of a difficult year for solar, with a lack of module availability “for a major part” of the year.

2 December 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.

Read Next

Premium
August 18, 2025
Jonathan Touriño Jacobo explores evidence of systemic problems in the Iberian grid and some of the solutions following the blackout.
August 13, 2025
Madrid-headquartered renewables developer Elawan has signed a 10-year power purchase agreement (PPA) to support a 150MW solar PV portfolio in northern Spain.
August 12, 2025
PV Hardware's latest generation of trackers can move up to two degrees post-to-post, more than the current industry standard of 1.75 degrees.
August 8, 2025
This week several solar developers have raised funds for projects around the world, including BRUC in Europe, Greenalia in the US, Qair in Mauritius and CREC in Philippines.
August 5, 2025
Sonnedix and Prosolia have acquired projects, while Iberdrola has signed a 34MW PPA with Burger King covering 109MW total.
July 31, 2025
Matthias Taft, the chief executive officer of renewables developer BayWa r.e., will leave the company at the end of August.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines