EiDF Solar has reached an agreement with the investment fund IKAV, through its IEI II Global Infrastructure Investments vehicle, to finance 30 photovoltaic generation parks for a total power of 48 MW. These are the first parks that EiDF will launch.
IKAV contributes a total of 13 million euros, which will mean its entry as an investment partner of EiDF Generación.
EiDF has strengthened its Generation unit in the last year to accelerate its vertical integration plans based on the complementarity of three activities: self-consumption, generation and commercialization. The energy produced in the parks built and operated by EiDF will go to its commercialization area, reinforced after the acquisition of ODF Energía.
The company’s portfolio of generation projects already exceeds 1,000 MW. However, it continues to analyze investment opportunities that allow it to expand its pipeline with other projects in an advanced degree of development.
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