Spanish renewables developer Greenalia is rolling out an impressive 1.9 gigawatts (GW) of solar, wind, and battery storage in Texas, with more on the way.
That’s because the company just closed $200 million of three-year credit facilities – its first in the US – enabling it to scale up in the US market rapidly. Greenalia’s US solar and battery storage project portfolio is currently only in Texas and comprises late-stage development projects.
But it has even bigger US plans, as its CFO, Antonio Fernández-Montells, explained:
This operation represents an important milestone for the company’s US expansion, where we are currently developing a 3 GW portfolio diversified through projects in three technologies – solar, wind, and batteries.
Greenalia entered the US market in July 2021 when it acquired the 695 MW Misae II solar project in northern Texas. Citing the Biden administration’s clean energy push, CEO Manuel García then said, “The strong commitment and drive of the US Administration for renewable energies has opened an attractive window that we must take advantage of.”
Greenalia has 40 projects in its Spanish portfolio, including the country’s first floating wind farms.
Read more: A Native American tribe is building a $1B solar farm in Colorado
To limit power outages and make your home more resilient, consider going solar with a battery storage system. In order to find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. – ad*
FTC: We use income earning auto affiliate links. More.
Spanish renewables developer Greenalia is rolling out an impressive 1.9 gigawatts (GW) of solar, wind, and battery storage in Texas, with more on the way.
That’s because the company just closed $200 million of three-year credit facilities – its first in the US – enabling it to scale up in the US market rapidly. Greenalia’s US solar and battery storage project portfolio is currently only in Texas and comprises late-stage development projects.
But it has even bigger US plans, as its CFO, Antonio Fernández-Montells, explained:
This operation represents an important milestone for the company’s US expansion, where we are currently developing a 3 GW portfolio diversified through projects in three technologies – solar, wind, and batteries.
Greenalia entered the US market in July 2021 when it acquired the 695 MW Misae II solar project in northern Texas. Citing the Biden administration’s clean energy push, CEO Manuel García then said, “The strong commitment and drive of the US Administration for renewable energies has opened an attractive window that we must take advantage of.”
Greenalia has 40 projects in its Spanish portfolio, including the country’s first floating wind farms.
Read more: A Native American tribe is building a $1B solar farm in Colorado
To limit power outages and make your home more resilient, consider going solar with a battery storage system. In order to find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. – ad*
FTC: We use income earning auto affiliate links. More.