Grupo T-Solar acquires three photovoltaic plants in Badajoz, Seville and Toledo25 May 2018
The company is the leader in solar energy generation in Spain and has a global portfolio of 392 megawatts
Grupo T-Solar continues increasing its solar energy production capacity. On this occasion, it has signed agreements to acquire three operating photovoltaic plants located in Badajoz, Seville and Toledo. These plants have a total installed capacity of 5.6 MW, which the company achieves a figure of 392 MW in six countries on three continents.
In the last 12 months, Grupo T-Solar has increased its portfolio by 37% and has refinanced a portfolio of 34 MW in Spain with project bonds for the amount of 118.4 million euros. It has also diversified its generation base by combining photovoltaic and thermosolar energy, and recently acquired a portfolio of 100 MW in thermosolar technology.
The three plants that are now part of the group use solar tracker technology and can generate over 11 gigawatts per hour of clean electricity a year. Thanks to these plants, T-Solar will achieve an approximate annual production of 641 gigawatts per hour of clean electricity, equivalent to avoiding the emission of over 155,370 tons of carbon dioxide into the atmosphere.
Grupo T-Solar is part of the portfolio of companies belonging to the US investment manager I Squared Capital. It is currently the leader in solar energy generation in Spain.
Marta Martínez Queimadelos, CEO of Grupo T-Solar, says: “Spain is our natural market and these acquisitions, together with our development projects, continue our investment strategy to expand our portfolio of clean power generation across southern Europe”.