Opdenergy closes the transfer of two additional projects with 81MW to Bruc Energy

06/10/2022

  • This agreement involves the transfer of two solar projects located in Spain, which are part of the transaction signed in 2021 with Bruc Energy.
  • These two projects will be added to the 110MW executed during the first half of 2022, accumulating a total transferred capacity of 191MW.

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Opdenergy closes the transfer of two additional projects with 81MW to Bruc Energy

Madrid, October 6, 2022. Opdenergy, an independent renewable energy producer, has recently signed with Bruc Energy the transfer of two solar PV projects with a total capacity of 81MW. These additional projects are part of the transaction signed with Bruc Energy in August 2021 that includes the sale of a portfolio of 20 projects with a total capacity of 1,101MW located in different parts of Spain.

These 81MW are in addition to the 110MW formalized during the first half of 2022, bringing the total transferred capacity to date to 191MW. Opdenergy will continue to formalize with Bruc Energy the transfer of the projects included in this transaction in the coming months.

Luis Cid, CEO of Opdenergy, stated: “Through this new assets transfer within the Bruc transaction, we continue to execute our business plan as scheduled and achieve milestones towards the successful fulfillment of our objectives.”

 

 About Opdenergy

Opdenergy is an independent renewable energy producer, or IPP, in Europe, the United States and Latin America with more than 15 years of experience. The company develops, builds, finances, manages and operates high quality renewable energy projects in several countries. Opdenergy has a portfolio of 1.6GW of assets in operation and under construction, with an additional 400MW to start construction in the near future. In addition, Opdenergy has a portfolio of additional projects in different stages of development of more than 12GW that support its growth strategy.

Opdenergy plays an important role in the decarbonization of energy in the different countries in which it operates. It is present and has pipeline projects in five markets in Europe (Spain, Italy, United Kingdom, France and Poland), in the United States and in three markets in Latin America (Chile, Mexico and Colombia).

Opdenergy, which is listed in the Spanish stock exchange since July 2022, has secured more than 2.6GW of PPA contracts in different countries with investment grade off-takers and in hard currency.

 

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