Source: www.gulfoilandgas.com 8/2/2024, Location: Europe
OX2 has sold a 25 MW solar project in Spain to Greening Group, a Spanish company active in renewable energy systems. The sale will be recorded in the third quarter 2024.
The sale includes project rights for five solar farms located in Cáceres in the Extremadura region with total estimated capacity of 25 MW. The solar farms will be constructed by Greening Group.
The transaction will have a limited financial impact on OX2’s accounts.
This is OX2’s second sale to Greening Group in the Spanish market. In late 2023 the parties agreed on the sale of project rights for solar farms of 45 MW in the Andalucia region.
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