The energy platform Ekhi, which offers services in both distributed and large-scale renewable energy, has announced the acquisition of two photovoltaic solar plants with a combined capacity of 44.21 MW in Zaragoza, Spain.
This investment marks the company’s largest purchase in Spain to date. The transaction was financed by Banco Sabadell, and the plants were acquired from Enerland.
The new Ekhi installations are expected to generate approximately 86 GWh of clean energy annually, significantly contributing to carbon footprint reduction by avoiding the emission of 23,656 tons of CO2 per year.
These environmental benefits are equivalent to planting 1,182,800 trees or preventing 203.6 million kilometers traveled by conventional vehicles.
The solar plants were acquired in a Ready to Build (RTB) phase, with Enerland committing to bringing them into operation.
The assets will operate under a grid-connection scheme, injecting the generated energy into the wholesale market. Unlike other Ekhi projects focused on self-consumption, this installation is designed for large-scale market supply. Ekhi plans to use this asset to enhance its capacity to deliver 100% renewable energy to end consumers.
Willem Jan Schutte, CEO of Ekhi, remarked: “This acquisition is a major milestone for our company, as it adds two of the largest-capacity plants Ekhi has in Spain.
It has strong strategic alignment because these projects are located near industrial areas with growing energy demand.
With these assets, we can better serve local consumers. More broadly, this investment reinforces our commitment to providing 100% renewable energy solutions to all our customers.”
Enerland, the Aragon-based multinational that develops, builds, and operates over 2 GW of solar and wind plants across 11 countries, expressed enthusiasm about the transaction.
CEOs Manuel Balet and Javier Gil stated: “Ekhi is a top-tier partner for us, with a level of excellence that’s hard to match. The fact that they trust us to execute their largest acquisition in Spain to date is a source of pride for our company.”
The recently completed transaction demonstrates Ekhi’s commitment to green energy and its sustainable growth strategy.
With this acquisition, Ekhi continues to expand its portfolio of photovoltaic projects, contributing to a cleaner and more sustainable future.
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