UK solar investor Foresight Solar Fund has agreed a €20 million deal to acquire a 26.1MW solar project in Spain, the company’s first in the country and its first ever subsidy-free solar investment.
Iberian operators tell London event they worry adoption of Lisbon’s solar auction design by neighbour Spain could entrench model producing prices developers ‘cannot survive’ on.
Renewables, energy storage and grid assets are all being considered as top investor bags institutional backing for FEIP fund from the EIB and other investors.
