Elawan Energy, a global player in the renewable energy sector, has announced the creation of a joint venture with R.Power Investment (“R.Power”) to develop 2.0 GW of photovoltaic projects in Italy. The operation was assisted by the law firms Watson Farley & Williams and DLA Piper. “This Joint Venture is an important step in our…
Elawan Energy, a global player in the renewable energy sector, has announced the closing of a €150 million debt financing for the construction of 4 wind farms and 1 photovoltaic plant between the Autonomous Communities of Castilla La Mancha and Castilla y León (Spain). The financing has been provided by ING, Banco Sabadell, Banco Santander…
Elawan Energy S.L. (“Elawan”) will supply renewable energy to Amazon under the corporate PPA (Power Purchase Agreement) . Elawan will start providing Amazon with around 160 megawatts of power generated by two wind power generation facilities and four solar power plants currently under development in Spain, along with environmental attributes, starting in 2024 and 2025.…
The photovoltaic plant will be located in the province of Ciudad Real in the province of Castilla-La Mancha and will have more than 66,400 modules (solar panels) with cutting-edge technology from the point of view of energy efficiency. The project is at a very advanced stage of construction and the facility is scheduled to come…
The two plants total 71.6MW of installed capacity. Currently under construction, the facility is estimated to be operational by 2025. Madrid, 13 January 2023. Elawan is pleased to mark its entry into the Italian market with the acquisition of two development stage solar photovoltaic projects from local developer. The projects will be built in the Puglia…
ORIX Corporation (“ORIX”) today announces that it has entered into an agreement to acquire a further 20% interest in Elawan Energy S.L. (“Elawan”), following which Elawan will be wholly owned by ORIX Corporation. Since ORIX’s initial investment in July 2021, Elawan has played a central role in expanding ORIX’s footprint in renewables internationally. Following completion…