Soltec agrees to a PPA in Spain for five 29.4 MW solar plants

Soltec has sent a communication to the National Securities Market Commission (CNMV) in which it reports the signing of an agreement, through the project vehicle companies, for the sale of long-term energy (PPA) with a investment grade company. The total contracted power amounts to 29.4 MW.

This agreement has been closed for five solar energy projects located in Spain, specifically in the Murcia region. The plants will foreseeably come into operation between 2024 and 2026.

In said statement, the company assures that "the closing of this new PPA is positive news", and that it also "ensures stable and predictable income in the long term at competitive prices".