Asset manager DWS has reached an agreement with… X Elio To acquire three solar PV plants in Spain, following its European infrastructure investment strategy. This represents additional investments to DWS’s European investment strategy, which allows German individual and institutional investors to invest directly in infrastructure projects.
The three projects, located in the municipality of City de las Torres, in Badajoz, came into effect in mid-2023 and have Total capacity is 147 megawatts. The three plants will generate an estimated average of renewable energy equivalent to the annual consumption of 91,800 homes.
These acquisitions follow DWS’s recent investment in Energiepark Lausitz, one of Germany’s largest solar power plants, contributing to DWS’s commitment to supporting Germany’s energy transition.
X-Elio maintains its commitment to its core home market by Project portfolio with a capacity of 14,000 MW In different stages of development and varied between the different regions of the Spanish territory.
He said: “We are very pleased with these three new investments for the European Infrastructure Strategy targeting German investors. Investments from institutional and individual clients are needed to drive change and enable European transformation projects, especially in the energy sector.” Peter Brodhauser, Partner Investments Infrastructure at DWS.
“We see the huge potential that Spain has to lead the transition towards renewable energy sources in the European Union, being one of our key strategic markets. In X-Elio, we combine the natural wealth of the territory with our ongoing commitment to supporting the transition towards renewable energy. A carbon neutral economy,” he said. “. Nicholas Pentreath, CFO, X-Elio.
(Tags for translation) Energy – Renewable Energy Sources
