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Voltalia has announced a contract with Green Arrow Capital to build and maintain a 135MW solar project in Spain.
The project, situated in Seville's municipality of Sanlucar la Mayor, is set to begin construction before the end of this year and is expected to be fully commissioned in 2025.
Voltalia chief executive Sébastien Clerc said: “We are delighted with this first collaboration with Green Arrow Capital. This new contract confirms the dynamism of Voltalia and Helexia in Spain.”
Covering 169ha, the solar facility will feature 192,864 photovoltaic panels.
Under the agreement, Voltalia has also agreed to offer engineering, procurement, and construction (EPC) services, as well as operation and maintenance (O&M) for at least two years post-commissioning.
Green Arrow Capital, an investment company with a focus on renewable energy and alternative investments, has partnered with Voltalia for this project, marking a significant resumption of major construction contracts in Spain's renewable sector.
Green Arrow Capital founder and chief investment officer Daniele Camponeschi said: "The development of this new solar portfolio in Spain underlines the strategic importance of the Iberian market for Green Arrow Capital and follows other successful investments that allow the group to strengthen its presence in a key sector such as photovoltaics.
"Having an excellent partner like Voltalia by our side will allow us to ensure the highest quality and sustainability in the execution of the project.”
The Spanish solar project construction aligns with Voltalia's strategy to expand its EPC services for large-scale solar projects.
This approach caters to a diverse clientele, including independent power producers (IPPs), investment funds, and utilities, reinforcing the company's presence in the Spanish EPC market.
"Voltalia to build 135MW solar project in Spain" was originally created and published by Energy Monitor, a GlobalData owned brand.
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