Project Finance Brief: Doral Energy Acquires 360 MW of Solar Projects in Denmark

R.Power to acquire 80 MW of solar PV projects in Germany

July 12, 2021

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Denmark-based GreenGo Energy Group announced that it had sold a portfolio of 360 MW of utility-scale subsidy-free solar projects to Israeli developer Doral Renewable Energy Resources Group under a partnership agreement. The acquired projects are in an early development stage and part of GreenGo’s Mermaid portfolio set in Denmark. Under the agreement with Doral, the Israeli partner will provide financing totaling over €200 million (~$237.4 million) to bring the portfolio to commercial operation.

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