Greenalia advances on 75.6 MW of wind projects in Spain

Wind turbines. Author: Anne Marie Peterson. License: Creative Commons, Attribution-ShareAlike 2.0 Generic

August 4 (Renewables Now) - Spanish renewables developer Greenalia said today that it has proposals for two wind farm projects totalling 75.6 MW in public consultation in Spain.

The company plans to invest around EUR 60 million (USD 61.2m) to install the 42-MW Restelo and the 33.6-MW Monteiro wind farms in the province of Lugo, northwestern Spain.

Greenalia estimates it will invest more than EUR 34 million in Restelo and over EUR 25 million in Monteiro. Both wind farms will feature eight turbines.

The project announcement comes as once listed Greenalia starts its journey as a private entity. Its shares were delisted from the BME Growth segment of the Spanish stock exchange today.

(EUR 1.0 = USD 1.019)

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