Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTMay 6 (Renewables Now) - Electric utility group Enel Colombia, part of Italy’s Enel SpA (BIT:ENEL), has said that its La Loma solar farm project in Colombia is close to 70% completed.
The company is currently building its 187-MW (direct current) plant in the department of Cesar, touting the project as the largest solar farm under construction in Colombia. After a year at the site, its dedicated unit Enel Green Power installed some 121,300 panels and injected first power to the grid in February.
Enel Colombia is investing some USD 126 million (EUR 119.2m) in the La Loma project. Once online, the solar farm will be capable of generation some 420 GWh of power per year.
The utility, through the Enel Green Power business, is currently building five renewable energy projects totalling 1,102 MW in Colombia. Its subsidiaries in Panama, Costa Rica and Guatemala are progressing through construction of three projects to deliver a total of 70 MW, Enel Colombia added.
(USD 1.0 = EUR 0.946)
Weekly renewables M&A round-up (Jun 27-Jul 1)
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