Encavis has injected the first kilowatt hours (kwh) into the Spanish high voltage grid from Talayuela, the largest solar park within the portfolio of the Group.

ENCAVIS’ Talayuela project has a generation capacity of around 300 megawatts (MWp).

“We will profit strongly from the growing market for long-term private power purchase agreements (PPAs) in many other European countries, as in Spain, in the future.”

Dr. Dierk Paskert, CEO of Encavis.

“Only from the two Spanish solar parks, we will generate additional subsidy-free sales of more than EUR 36 million this year, as well as additional EBITDA of more than EUR 27 million.”

Dr. Christoph Husmann, CFO of Encavis.