Advice to NextEnergy in the acquisition of Pato Solar a 110MW PV project
Ib vogt has closed a deal for the sale of a 110 megawatt (MW) solar project in Spain to NextEnergy Capital, through its NextPower V ESG fund.
The company said that this project has recently signed “an attractive” power purchase agreement (PPA) with an “innovative industry leader”.
Once operational, the solar farm will generate approximately 215.6 gigawatt hours (GWh) of clean energy per year, enough to power more than 55,000 homes.
BDO acted as advisor to NextEnergy providing Financial and Tax Due Diligence.