Siemens Gamesa sells Spanish solar PV plants

Renewable energy investment and asset management firm Aurea Capital has bought three solar PV plants in Spain from Siemens Gamesa in a deal worth $113m.

The plants together have a total capacity of 1.2 MW and are located in the Spanish provinces of Huesca, Murcia and Huelva.

The sale to Madrid-headquartered Aurea is part of a non-core asset disposal programme by Siemens Gamesa which it says is designed “to enhance its resource allocation and cash management”.

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Kelvin Ross is Editor of Power Engineering International magazine and its associated publications – Middle East Energy and the Global Power Review . Previously, Kelvin was News Editor at UK online news site Energy Live News, Production Editor and Head of Design on daily international shipping newspaper Lloyd’s List, Deputy Editor for a group of weekly London newspapers and has worked as a freelance sub-editor on UK national newspapers.

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