Nexwell Power Secures $40 Million Financing for 46 MW of Solar Projects
The projects are expected to reach commercial operations by 2024
September 15, 2023
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Nexwell Power, a UK-based company that builds and operates solar PV installations, announced the signing of a financing agreement with Coöperatieve Rabobank U.A. for a total amount of €37 million (~$39.77 million). The funding will be utilized to construct seven new plants located in Andalusia and Extremadura totaling 46 MW. The projects are expected to start delivering power in 2024.
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