Grenergy Sells a 150 MW Solar Project in Spain
Net proceeds for Grenergy amount to €83 million (~$90.75 million)
June 20, 2023
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Grenergy, a solar, wind and storage project developer, has agreed to sell its 150 MW Belinchón solar project in Spain to a European IPP. Net proceeds to Grenergy amount to €83 million (~$90.75 million) (equity value). The deal is expected to be completed before the year-end, subject to the fulfillment of certain conditions.
