February 7 (Renewables Now) – European investment firm Platina Energy Partners said Thursday it has sold a 30-MWp solar portfolio in Spain to Spanish fund manager Q-Energy for an undisclosed sum.
The portfolio comprises four operating solar plants located near Toledo, Seville and Tenerife.
Platina said it had arranged non-recourse long-term financing of the portfolio with lenders UniCredit, NordLB and Santander in 2008-2009. The sale comes under the firm's divestment programme and follows a senior debt refinancing in 2017.
“We remain committed to the Spanish renewable energy market and are now actively looking at the new wave of Spanish solar projects. We see a lot of growth potential in the sector in the years to come,” Platina partner Adrien Pinsard said.