Subscribe today and receive an extra account for free.
Subscribe
Wind park in Spain. Author: Santi Villamarín. License: Creative Commons, Attribution-NoDerivs 2.0 Generic.
July 30 (Renewables Now) - Saudi Arabia’s Alfanar has secured a loan from the European Investment Bank (EIB) to build the 547-MW Lanuza onshore wind project in Spain.
The developer has been granted EUR 44.2 million (USD 49.3m) for the project estimated to cost EUR 643 million, according to information published by the EU lender.
The Lanuza project consists of 21 wind farms with capacities ranging from 8 MW to 50 MW. The plan is to install 163 wind turbines in the Spanish regions of Andalusia, Asturias, Castile-La Mancha, Castile and Leon, Galicia and Navarre.
Alfanar secured the individual projects in Spain’s third renewable energy auction in 2017.
(EUR 1.0 = USD 1.11)
SUMMIQ cancels IPO as order book falls short of target
Dec 06, 2019 8:50 CEST
Iberdrola seals EUR-690m loan with EIB at COP25
Dec 05, 2019 16:59 CEST
Enel Green Power commissions 74 MW of Spanish wind farms
Dec 05, 2019 16:13 CEST
Goldwind eyes turbine supply for Valencia port's wind project
Dec 05, 2019 15:25 CEST
Amazon secures 322 MW of renewables in European PPA spree
Dec 05, 2019 13:49 CEST
Repsol announces net zero emissions strategy for 2050
Dec 04, 2019 17:22 CEST