The energy agency of the Basque Country, Ente Vasco de la Energia (EVE), in partnership with the local Grupo Krean, a part of Mondragon Corporation, has commissioned the 24 MW solar photovoltaic project in the Arasur Industrial Estate.
The solar project, developed under the public-private partnership scheme, consists of 67,000 polycrystalline photovoltaic panels installed over a 55-hectare land area. It can generate up to 40,000 MWh of energy per year and offsets about 14,600 tons of carbon emission annually.
The EKIAN photovoltaic solar plant is located on a 55-hectare industrial estate called “La l tears” within the ARASUR Industrial Estate, in the municipality of Ribera Baja / Erribera Beitia de Araba.
The two promoting entities of EKIAN are the KREAN Group (Mondragón Corporation) and the Basque Energy Agency, the Basque Government's energy agency. In turn, they have attracted the adhesion of a group of 26 associated companies from different sectors and fields (both industrial, services and administration) that have acquired part of the installed capacity with a global investment of EUR24 million (US$26.41 million).
Country updates
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January 22, 2020
Asterion Industrial reaches EUR1.1bn final close for Infrastructure Fund I
Asterion Industrial Partners, an independent investment manager focused on infrastructure investments in Europe, has reached a final close of EUR1.1 billion (US$1.22 billion) on its inaugural fund Ast...
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January 20, 2020
Tender launched seeking technical adviser for Málaga Metro extension project
The Junta de Andalucia in Spain has launched tender notice seeking technical advisor for underground extension of Line 2 of the Málaga Metro to the Civil Hospital, Malaga is a port city in Sout...
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December 24, 2019
Arcus European Infrastructure Fund 1 sells 41.1% interest in Alpha Trains to APG
APG has acquired an indirect 41.1% interest in Alpha Trains, the leading passenger train and locomotive leasing company in Continental Europe, from Arcus European Infrastructure Fund 1 (AEIF1). Alpha...
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December 20, 2019
Acquisition of Celeo Concesiones e Inversiones by AGP and Elecnor approved
The European Commission (EC) has approved, under the EU Merger Regulation, the acquisition of Celeo Concesiones e Inversiones S.L. (CC&I) of Spain by Pasterze Investments Holding B.V. (PIH), of th...
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December 05, 2019
Cellnex acquires 1500 sites from Orange Spain
Cellnex has reached an agreement with Orange Spain to acquire a portfolio of 1,500 telecommunications sites such as Towers and antennas located in urban, suburban and rural areas of Spain. The operati...
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