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Resources will be invested in the development, operation, maintenance of 3 sites, totaling 67MW, solar activities, total capacity, operation since 2021, clean energy.
X-Elio has secured €35 million solar financing with Bankinter to boost its solar activities in Spain. This investment will be directed towards the development, operation and maintenance of three solar projects in the country, totaling a capacity of 67MW. The resources will be allocated to two projects located in Xixona, in the Valencian Community, with a total capacity of 50MW, one of which is expected to be completed by the end of the year and the other already in operation since 2021. In addition, the third asset of 17MW is in operation at Fuente Álamo, in the Murcia region. Nicholas Pentreath, Chief Financial Officer at X-Elio, highlighted: 'At X-Elio, we are committed to delivering high-quality projects in a strategic market for clean energy development, such as case of Spain.'
Solar energy financing is essential to boost investment in clean and sustainable energy. The partnership with Bankinter to obtain resources for solar projects in Spain demonstrates X-Elio's commitment to contributing to the country's energy transition. Additionally, financing for solar projects allows the company to continue to expand its operations and respond to climate needs, aligning with sustainability and innovation goals in the renewable energy sector.
Solar financing drives investment in clean energy
O financing agreement for solar projects in region of Murcia is generating excitement among investors. The municipality of Xixona, in the Valencian Community, is about to complete the first line of solar activities with total capacity to meet the climate needs of the region. The Financial Director of the company responsible for financing solar energy highlights the importance of this investment in clean energy.
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Operating since 2021, solar financing has boosted the renewable energy sector in the region. Investment in solar energy has attracted the attention of large investors, who see this market as an opportunity for long-term growth and profitability.
Financing for solar projects has been an important milestone for the region as it seeks to increase its total clean energy generation capacity. With the financing agreement in place, the Murcia region stands out as a hub for investment in renewable energy, contributing to the reduction of carbon emissions and the preservation of the environment.
Solar financing has been fundamental in boosting the renewable energy sector, putting the Murcia region in the spotlight on the national and international scene. The success of this financing agreement reinforces the importance of investing in clean energy for the sustainable development of the region. With solar energy financing on the rise, the Murcia region is consolidating itself as a model to be followed in the field of renewable energy.
Source: © Re News.Biz
