Spanish renewable power retailer and project developer Capital Energy announced on Friday that it will build a 110-MW wind power project in Castile and Leon region, northwestern Spain.
The Agata wind farm will be located in the municipality of Peguerinos, with Capital Energy planning to invest EUR 132 million (USD 128.7m) to build it.
The announcement came after the firm signed an agreement with the Peguerinos city council committing to work with the municipality on different projects that meet the needs of the community around its wind farm. The city council previously declared Agata a project of general public interest, Capital Energy said.
Capital Energy estimates Agata will capable of generating more than 275 GWh per year once in operation.
The company says the Castile and Leon is the key region for its renewables development in Spain. There, it is working on over 3,300 MW of wind and solar projects, according to the press release.