Bruc, a Spanish renewable energy firm, has completed the purchase of eight new solar photovoltaic (PV) power producing units from Opdenergy. The projects have a total capacity of 444 MW. The agreement was struck between Bruc and Opdenergy in August 2021, and it includes the sale of 20 solar PV power production units totaling 1.1 GW of capacity. The latest power assets transferred to Bruc are located in the provinces of Valladolid and Zaragoza. 

Reportedly, the remaining assets are located in the provinces of Cádiz, Palencia, Seville, Soria, Teruel, and Zaragoza. Opdenergy is now approaching 2 GW of capacity, divested to third parties in Spain, Italy, Mexico, the UK, and the US. It expects to reach this target by the end of 2023, with construction on 352 MW of capacity expected to begin shortly. The company has a current operational capacity of 680 MW, with a further 1.09 GW under construction.

Meanwhile, Bruc currently owns 8,600 MW with access rights to the transmission grid. Of these 1,100 MW are already operational and at an advanced stage of construction. 4,300 MW out of the remaining 7,500 MW already have an environmental impact statement.

REGlobal’s Views: The completion of the 1.1 GW portfolio acquisition will add significant solar projects in Bruc’s large renewable power asset base. These projects will help the company to maintain its position as one of the top renewable power producers in Spain’s growing renewable energy market.