Voltalia has entered into a contract with Green Arrow Capital to develop a 135MW solar project in Seville, Spain, located in the municipality of Sanlucar la Mayor. The project will see Voltalia provide Engineering, Procurement and Construction (EPC) services, as well as Operation and Maintenance (O&M) for the facility. Construction is set to begin by the end of 2024, with the plant slated for full commissioning in 2025.
Covering 169 hectares, the solar farm will consist of 192,864 photovoltaic panels. Voltalia will operate and maintain the plant for at least two years following its commissioning.
Green Arrow Capital, an investor focused on renewable energy and alternative investments, will strengthen its presence in Spain with this new solar portfolio. Voltalia's contract marks the resumption of major construction projects in Spain, with the company continuing its strategic expansion into the large-scale solar EPC market.
Voltalia's CEO Sébastien Clerc said, “We are delighted with this first collaboration with Green Arrow Capital. This new contract confirms the dynamism of Voltalia and Helexia in Spain.”
Daniele Camponeschi, Founder and Chief Investment Officer of Green Arrow Capital, added, “The development of this new solar portfolio in Spain underlines the strategic importance of the Iberian market for Green Arrow Capital and follows other successful investments that allow the group to strengthen its presence in a key sector such as photovoltaics … Having an excellent partner like Voltalia by our side will allow us to ensure the highest quality and sustainability in the execution of the project.”
