On the Rise: China Three Gorges Europe acquires a portfolio of more than 500 MW of solar assets in Spain


hrough this transaction, China Three Gorges Europe will enter Spain, one of the largest solar markets in the world.

GO ECO GREEN21. China Three Gorges Europe (CTGE) has reached an agreement to acquire a portfolio of 0,5 GW of solar PV power plants in Spain. The move will enhance CTGE’s presence in Europe in addition to its investments in Portugal, Germany, the UK and Greece. The power plants acquired by CTGE are new developments constructed between 2019 and 2020.

This agreement has been reached between CTGE and X-ELIO, a global leader specialized in the development, operation and maintenance of solar PV energy projects. A reporte carried by Go Eco Green states that the record breaking deal invigorates the Spanish energy market, and portrays a growing interest from international investors, attracted by the quality of assets, an interesting business landscape and a favorable legal framework.

The transaction is still pending on…

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