Exus Partners Energy Fund, ‘EPEF I’ will target strategic stakes and assets across Iberia and Europe Madrid : Exus Management Partners, a leading expert in powering sustainable investments through operational excellence, has launched a standalone renewable energy investment fund, Exus Partners Energy Fund I (EPEF I). Founded and anchored by the senior global team at […]
Opdenergy closes the transfer of two additional projects with 81MW to Bruc Energy – EQ Mag Pro
This agreement involves the transfer of two solar projects located in Spain, which are part of the transaction signed in 2021 with Bruc Energy. These two projects will be added to the 110MW executed during the first half of 2022, accumulating a total transferred capacity of 191MW. Madrid : Opdenergy, an independent renewable energy producer, […]
Spain Plans Regulation to Curb Consumer Energy Bills
The reform seeks to reduce part of the carbon dividend for pre-2005, non-emitting plants that sell energy on the market, a source with knowledge of the draft told Reuters on condition of anonymity. MADRID: Spain’s government is expected to approve draft legislation on Tuesday to limit the windfall profits hydro and nuclear plants make as […]
Spanish Parliament Approves Clean Energy Bill
As part of Spain’s efforts to meet its carbon emissions target, the legislation outlaws the sale of vehicles that emit carbon dioxide by 2040, and their circulation by 2050 Madrid: Spain’s parliament approved Thursday a clean energy bill aimed at achieving carbon neutrality by 2050 in line with EU targets, while also banning the sale […]
EU-Africa Green Talks in Madrid: A green future for Africa
The Portuguese Presidency of the Council of the European Union, in collaboration with the European Investment Bank (EIB) and the Spanish Ministry of Foreign Affairs, European Union and Cooperation today hosted a discussion day on energy transition in Africa. The event was held as part of the EU-Africa Green Talks: New investment pathways towards sustainable, […]
Winds of change: how Enel and Iberdrola powered up for the energy transition
European oil giants such as BP, Royal Dutch Shell and Total have sharpened their focus on power, seeing it as the sector to build their businesses around as they reinvent themselves as clean energy suppliers. MILAN/MADRID: Europe’s biggest utilities Enel and Iberdrola saw the clean energy transition coming decades ago when others baulked at the […]
Spanish energy companies to carry the torch for renewable deals
Rising demand for environmentally friendly investments is focusing attention on Spain’s under-exploited solar and more established wind sector MADRID/LONDON: Several Spanish clean energy companies are planning stock market listings or stake sales within the next two years, taking advantage of a market boom in green assets to raise funds to build more wind farms and […]
Spain’s Acciona eyes spin-off and listing of renewable energy unit
Acciona will release additional information after the board meeting, it told the stock market regulator in a filing MADRID: The board of directors of Spanish energy and engineering company Acciona will discuss on Thursday a plan to spin off its renewable unit Acciona Energia and list it on the stock market, the company said. Acciona […]
Repsol starts building first solar farm with workers spaced apart
Traditionally fossil fuel-focused European energy firms are buying or building clean energy plants as part of ambitious targets to cut global emissions MADRID: Construction teams have started building oil and gas firm Repsol’s first solar plant, observing strict distancing measures due to the coronavirus, the company said on Wednesday. Traditionally fossil fuel-focused European energy firms […]
Removable solar panels boost storm readiness in Dominica
By Laurie Goering LONDON: When Hurricane Maria flattened the Caribbean island of Dominica in 2017, the fierce storm left the country in the dark. “Everything was out. There was no electricity. The whole electrical grid was down,” recalled Williams Fitzroy, an engineer and inspector for the Ministry of Public Works. The blackout caused huge problems, […]
