Project Finance Brief: Enel Green Acquires 519 MW Solar Portfolio from Arena Power

Canadian Solar Infrastructure Fund acquires 61 MW of solar projects in Japan from Canadian Solar for $283 million

March 15, 2021

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Endesa, through its renewable energy company Enel Green Power Espana (EGPE), has acquired a solar PV portfolio of 519 MW from the Spanish developer Arena Power. The portfolio includes 11 solar projects being developed in the province of Huelva, Spain. The projects forming this cluster are on six sites in the province of Huelva: Palma del Condado, Gibraleón, Trigueros, San Juan del Puerto, Beas and Niebla. Construction is expected to begin in 2022 and be connected to the grid by 2024.

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