RIYADH : A consortium led by French utility Engie has agreed to buy Eolia Renovables, a Spanish renewable power producer owned by Alberta Investment Management, for an undisclosed sum. The acquisition was made jointly with Credit Agricole Assurances, which will own 60 percent of Eolia’s operating assets. Engie has the remaining 40 percent, Bloomberg reported. […]
EQT Infrastructure Announces a Voluntary Takeover Bid For Solarpack, a Spanish Renewable Energy Developer and Owner of Solar Photovoltaic Plants
EQT Infrastructure announces a voluntary takeover bid for Solarpack, a developer and owner of solar photovoltaic plants, mainly active in Spain, Chile and India. EQT Infrastructure has signed irrevocable agreements with the Vendor Shareholders to sell their full stake of 50.957 percent in the context of the takeover bid Earlier today, Veleta BidCo S.à r.l., […]
Spanish EV charger maker Wallbox to go public in $1.5 billion New York SPAC deal
Wallbox, which counts wind energy leader Iberdrola as its largest institutional investor, will raise about $330 million from the deal, valuing it at around $1.5 billion including debt. Spanish electric-vehicle charger maker Wallbox plans to list on the New York Stock Exchange later this year through a merger with shell company Kensington Capital Acquisition Corp, […]
Spanish Outfit Bruc, Germany’s IBC Solar to Develop 20-MW PV Portfolio in Japan
Bruc Japan, a renewables platform run by Spanish fund manager Bruc Management, signed a partnership agreement with German PV and energy storage developer IBC Solar to develop a 20-MW solar portfolio in Japan. The duo plans to build 16 solar farms at several locations in Japan, Bruc Management announced on Monday. The projects will require […]
Spanish Solar Power Plant Supplier Opens Factory in KSA
PV Hardware Middle East will manufacture trackers, mounting structures, and cleaning robots for the Saudi solar market. The Kingdom aims to generate 50 percent of its energy from renewables by 2030, with the remainder provided by gas RIYADH: A Spanish firm, which manufactures parts for solar power plants, has opened a factory in Saudi Arabia […]
Spanish Parliament Approves Clean Energy Bill
As part of Spain’s efforts to meet its carbon emissions target, the legislation outlaws the sale of vehicles that emit carbon dioxide by 2040, and their circulation by 2050 Madrid: Spain’s parliament approved Thursday a clean energy bill aimed at achieving carbon neutrality by 2050 in line with EU targets, while also banning the sale […]
Spanish EV charging startup lands new funding
Wallbox has raised €33 million (around $40 million) in a round co-led by Cathay Innovation and Wind Ventures. The Barcelona-based company, which develops chargers for electric and hybrid vehicles, recently launched a smart home EV charger in North America. Existing investors including Iberdrola and Seaya Ventures also participated in the funding.Read More.. Source : pitchbook