Ferrovial will invest 75 million in two solar power plants in Andalusia

The construction company Ferrovial has reached an agreement with a developer group to acquire two photovoltaic solar energy projects that will have a power of 100 megawatts (MWp) within Andalusia. In addition, it will allocate 75 million euros for the construction process.

This is the first corporate operation announced by the company since last Tuesday, February 28, it announced the transfer of its headquarters to the Netherlands, with the ultimate goal of listing in the United States, its main market. Now apart from the controversy, the company continues its activity with this purchase and sale agreement signed through its Energy Infrastructure and Mobility division, which is subject to compliance with the usual precedent conditions in this type of agreement.

Both projects are added to the 50MWp El Berrocal plant, located in the province of Seville, whose construction was built by the latest company with the aim of bringing it into operation in the second quarter of the year, as reported by the owned company in a statement. by Rafael del Pino.

The new projects have all the necessary permits to start construction, which is estimated to begin between the second and third quarter of this year and start operating in the second half of 2024. Both plants will employ between 250 trays and 300 qualified during the construction phase.

In these two projects, 154,000 bifacial photovoltaic modules will be installed on single-axis trackers, which, added to the location in an area of ​​high solar radiation, will allow an estimated production of 210 GWh/year of electricity to be injected into the grid, equivalent to approximately 60,000 homes, thus contributing to the reduction of more than 33,600 tons of CO2 per year.

Other renewable projects

At the same time, Ferrovial continues to work to promote the development of offshore wind energy, in line with the roadmap set by Spain to become a leading market in floating wind energy in Europe, which sets the goal of obtaining a capacity of 3 gigawatts (GW) until 2030.

Taking into account the considerable depth of Spanish waters, the Government has given preference to floating wind technology for the production of this type of energy. To date, Ferrovial has expressed interest in five wind farms in the country with an installed capacity of 2,250 MW.

Specifically, the company plans to build said infrastructures on the coasts of Lugo, Pontevedra, Gerona, Málaga and Gran Canaria, at a distance of between 11 and 30 kilometers from the coast. It should also be remembered that Ferrovial’s entry into the energy market dates back to 2016, when it acquired the Chilean company Transchile, operator of a 204-kilometre transmission line that supplied electricity to 300,000 people.

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