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    Capital Energy to Invest USD128.5 Million in Agata Wind Farm in Spain


    October 4, 2022 - Marketline - Deals

     

      Deal In Brief

      Capital Energy, a Spanish energy company, has signed a new collaboration agreement in the region with the Peguerinos City Council, in the province of Avila. Under this agreement, Capital Energy undertakes to promote, from the construction of the Agata wind farm, different actions agreed upon by both parties and that will be adjusted to the needs of this municipality of Avila

      Agata will be located in Peguerinos and its evacuation infrastructure, in the aforementioned town of Avila and in Santa Maria de la Alameda, Zarzalejo, El Escorial, Colmenarejo and Galapagar in Madrid. This wind farm will have a capacity of 110 megawatts (MW) and will be able to produce more than 275,000 megawatt hours (MWh) per year, enough to cover the consumption of some 108,000 homes with clean electricity. It will also prevent, annually, the emission of more than 102,000 tons of CO 2 into the atmosphere.

      The construction of this renewable facility will involve an investment of 132 million euros and the creation of more than 500 direct jobs during peak periods

      The investment per MW will be USD1.17 million.

      Deal Value (US$ Million) 128.45
      Deal Type Acquisition
      Sub-Category Asset Purchase
      Deal Status Announced: 2022-09-30

      Deal Participants

      Deal Rationale

      (Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.)

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