Grenergy, a solar, wind, and storage project developer, has agreed to sell its 150 MW Belinchón solar project in Spain to a European Independent Power Producer, with the net proceeds from the sale amounting 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. The sale of 100% of its Belinchón solar photovoltaic project is the first milestone of the Valkyria Project, which includes the sale of up to 1.1 GW of solar assets in Spain.