Edisun Power Europe AG, a Swiss solar power producer, is strategically realigning its focus towards large-scale solar plants. The company has decided to acquire three significant solar farm projects in Spain, which collectively boast a capacity of 941 megawatts peak (MWp). These projects, situated near Madrid, include the Pradillos and Fuencarral photovoltaic plants in Toledo, offering 390 MW and 291 MW of power respectively, and the Loeches plant southeast of Madrid, with a 260 MW capacity.
This move is part of Edisun Power’s broader strategy to optimize its portfolio by emphasizing larger-scale plants. The acquisition, which is expected to be ready for construction by the end of 2024, involves an overall investment of approximately 800 million euros. This significant shift aligns with the growing demand for sustainable energy solutions and demonstrates Edisun Power’s commitment to advancing renewable energy in Europe.
Founded in 1997 and listed on the Swiss stock exchange since 2008, Edisun Power has a rich history in the solar energy sector. The company currently operates 36 solar plants across Switzerland, Germany, Spain, France, Italy, and Portugal. With these latest acquisitions, Edisun Power is poised to play a pivotal role in the European renewable energy landscape, contributing significantly to the region’s sustainability goals.