Velto Renewables, an independent renewable energy producer, has entered into an alliance with Kenergy, a Spanish developer with activities in Europe and Latin America, to develop a portfolio of 1 gigawatt (GW) of solar PV projects in Spain. With this transaction, Velto Renewables takes a further step towards its consolidation as a European independent power producer (IPP). In recent years, its management activities have evolved from solar in Spain to offshore wind in the UK.
According to Lucas de Haro, Managing Director of Velto Renewables: "We are starting the development of new projects in Spain while continuing to implement various optimisation strategies in our operating assets. This is an important milestone in the growth of our portfolio and our contribution to the energy transition in Europe for the benefit of local communities and stakeholders.
Gabriel Aguirrezábal, Managing Partner of Kenergy, points out that "for a company like us, it is strategic to have a partner whose consistency, experience and long-term commitment allow us to create assets of great value for society, the environment and its shareholders".
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