Equitix has agreed to sell its minority stake in the Enersol solar portfolio in Spain to Velto Renewables, a pan-European IPP backed by La Caisse (formerly CDPQ).
Enersol comprises a portfolio of nine operational solar photovoltaic assets located in AndalucĂa, southern Spain. With a combined installed capacity of 45 megawatts peak, the assets benefit from long-term regulated revenues under Spain’s renewable energy framework.
Equitix has held its interest in the portfolio since 2018, during which time the business has undergone significant operational optimization and value enhancement. Active asset management by Velto Renewables has contributed to improved performance.
Completion is expected in the upcoming weeks, subject to customary conditions.
