Commerz Real is planning to acquire a 131-megawatt portfolio of three solar parks in Spain.
The portfolio is being sold by an international consortium, consisting of Cero Generation, a portfolio company of Macquarie’s Green Investment Group, and Bruc OPT Energy Partners, owned by the Canadian pension fund OPTrust and Bruc Management founder and president, Juan Béjar.
Two of the parks have an installed capacity of 50 megawatts each and have already been in operation since August 2020. The third park — with the project name Castillejo — is currently under development, with construction scheduled to commence at the beginning of 2022. Following commissioning, the park will have an installed capacity of 31 megawatts.
In total, the solar portfolio has the capacity to produce 230,506-megawatt-hours of energy, enough to meet the needs of 74,000 households and reduce 63,520 tonnes of carbon dioxide emissions.
Commerz Real said the acquisition will be made o
