The Ministry of Energy and Environment has warded Voltalia a 33-40 MW floating solar power plant project in Portugal.
The project will be installed near the Cabril dam in Sertã. Spanning 33 hectares, the plant will generate enough electricity equivalent to the consumption of more than 70,300 inhabitants.
Voltalia will be responsible for the development, construction and operation of the plant. The project is expected to be commissioned by 2026. Its revenues will be backed by a 15-year contract awarded by the Ministry of Energy and Environment, providing for a price of EUR41.025 (US$44.59) per MWh.
Country updates
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February 21, 2022
Final Close of EUR1.8 bn achieved for Asterion Industrial Infra Fund II
Asterion Industrial Partners, an independent investment management firm has reached the final close of its second Fund, Asterion Industrial Infra Fund II FCR, with EUR1.8 billion (US$2.05 billion) in...
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February 04, 2022
NextEnergy Capital completes USD896 mn final close for NextPower III ESG
NextEnergy Capital (NEC) has reached the final close for its NextPower III ESG (NPIII ESG) fund, raising US$896 million. The total capital pool exceeds US$905 million including co-investment and is r...
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January 21, 2022
RFP launched for EU-Catalyst Partnership
Breakthrough Energy and European Investment Bank have launched a request for proposal (RFP) seeking interest from private companies to implement emerging climate technology projects across t...
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July 30, 2021
Ferrovial sells its Environmental Services business in Spain and Portugal to PreZero
Ferrovial has reached an agreement to sell its Environmental Services business in Spain and Portugal to PreZero, an enterprise of Schwarz Group. The transaction involves the sale of environmental serv...
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July 05, 2021
Final close for Vauban Core Infra Fund III
Vauban Infrastructure Partners has reached a hard cap close of EUR2.5 billion (US$2.95 billion) for its third core infrastructure fund. Vauban Core Infrastructure Fund III will take a buy-and-h...
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