📢 We have reached financial close on a portfolio of five solar projects in the Palencia region of Spain, with a total installed capacity of 244.7 MWp 🙌
🏛 Financing for the construction of the portfolio has been secured by a consortium of third-party lenders – Banco Sabadell, Rabobank and ING - who are highly experienced in the Spanish renewables market.
🏗 With financing secured, construction on the projects will commence imminently. Elmya and Metlen Energy & Metals have been selected as EPC contractors and LONGi Solar will supply the solar modules.
👷♀️ Over 200 people will be involved in constructing the solar projects, leading to the creation of local jobs during the construction phase.
🌳 As part of the project development programme, Cero will support conservation programmes in the Castilla y Leon autonomous community over the coming years.
🏛 Cero is grateful for the support it received in progressing these projects from the Municipalities of Becerril De Campos, Perales, Husillos, Monzón De Campos, Herrera De Pisuerga, Páramo De Boedo, San Cristóbal De Boedo, Villaumbrales, and Grijota.
🌞 The five projects are expected to deliver more than 480 GWh of renewable energy per year, equivalent to powering close to 150,000 homes and avoiding over 175,000 tonnes of CO2e emissions and deliver biodiversity net gains at each project site.
Chairperson of Cero Generation. Non executive board member
2moNext time I will join the party 😉