Spain Solar Farm
Bank of Scotland will invest EUR63 million into an 8 MegaWatt solar farm (Madridejos) in Toledo, South Spain. BP Solar will lead the construction of the solar plant and serve as the operations and maintenance provider. ...
... "The solar photovoltaic (PV) project, which is situated in one of the highest areas of solar irradiation in Spain, is being built under a framework agreement between Santander Investment S.A., the equity arm of Grupo Santander, and BP Solar, which has already seen them construct eleven projects to date. Bank of Scotland is acting as sole mandated lead arranger on the transaction. BP Solar will be in charge of the operation and maintenance of the park guaranteeing a minimum energy production. Construction of the park started in mid-February and is scheduled to be completed by the end of August 2008. " ...Via Bank of Scotland: Solar deal with Santander and BP Solar
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Category: Solar