Opdenergy sells 1-GW-plus solar portfolio to Bruc Energy

panish renewable power company Opdenergy has sold over 1,000 solar MW to green energy manager Bruc Energy, in a corporate deal that strengthens its structure.

Opdenergy sells 1-GW-plus solar portfolio to Bruc Energy
August 11, 2021

Spanish renewable power company Opdenergy has sold over 1,000 solar MW to green energy manager Bruc Energy, in a corporate deal that strengthens its structure.

Cuatrecasas lawyers Federico Roig, Luis Pérez de Ayala and Miguel Ángel Castaño advised Opdenergy on this sale of projects totaling over 1,000 MW and valued at over €700 million. Thanks to the transaction, Opdenergy obtains funds to increase its growth in solar energy project development, consolidating a project portfolio of over 1,500 MW in Spain, the United States, Mexico, Italy and Chile.

Opdenergy will develop the projects until the final stage of implementation, which is scheduled for the second half of 2022. The solar plants are located in the provinces of Cádiz, Zaragoza, Valladolid, Burgos, Teruel, Seville and Soria.

August 11, 2021