The nine plants currently under construction in Cuenca and Toledo provinces are expected to be operational by end 2022 or early 2023.
The wind farm consists of 22 wind turbines and can produce an average of 100 MWh of electricity per year.
Located in the south of Italy, the plants produce of approximately 50 GW of energy a year.
The initial pipeline includes 18 photovoltaic projects under development in Sardinia, with a total capacity of approximately 83 MW.
WFW was recognised for its strong international network and as a market leader in the Iberian Peninsula for advising leading energy funds, notably on M&A and project financing transactions.
The project is being developed by OW, a joint venture between Engie and EDP Renewables.
This is one of the first four pilot floating offshore wind farms under development in France.
Under the PPA, the power supply is expected to commence in 2024 and run until the end of 2033.
While there is still a strong emphasis on an energy transition, this seems to be a bit of a sidestep from 2021’s Net Zero Strategy and the decarbonisation focus of COP26, hosted in Glasgow in October 2021.
Econergy Renewable will acquire the entirety of Renven’s 49% stake in Iliaki Pikrolimnis, which acts as the holding company for two Greek entities, each of which is developing a PV plant in the Kilkis region.