Vector Renewables, a strategic partner for a portfolio of 10 Photovoltaic plants in Spain, providing technical support in various parts of the project

Vector Renewables, a strategic partner for a portfolio of 10 Photovoltaic plants in Spain, providing technical support in various parts of the project

Vector Renewables strengthens its position as a strategic partner in the development of renewable energy projects by participating in the construction and operation of a portfolio of 10 photovoltaic plants promoted by Ingenostrum in Spain. These facilities, located in Castilla-La Mancha and Andalusia, have a total installed capacity of 42 MWp and represent a significant step forward in the country’s energy transition and adoption of clean energy.

Vector Renewables has played a key role in this project through a comprehensive service that began with the preparation of a Technical Due Diligence for Financing in June 2024, aimed at ensuring the viability of the project portfolio. This analysis facilitated the structuring of financing under a Project Finance model. Currently, Vector Renewables remains involved in the project as a Technical Advisor to a major financial entity, overseeing the construction of the photovoltaic plants to ensure compliance with the highest quality and sustainability standards. This service includes detailed verification of construction progress, ensuring that each facility is properly executed while mitigating technical risks to guarantee the success of the investment.

Regarding technical specifications, the photovoltaic plants are designed with bifacial modules, significantly optimizing energy performance and reducing environmental impact. Additionally, the project maintains a strong focus on sustainability, generating significant benefits for local communities through job creation and economic growth in the regions where the plants are being developed.

This project highlights the importance of collaboration between developers, technical advisors, and financial institutions in the development of renewable energy projects. Vector Renewables has ensured high-quality technical support from the outset, guaranteeing that the assets are not only financially viable but also efficiently and sustainably executed.

Vector Renewables' involvement reinforces its position as a key player in the energy transition, consolidating its mission to actively contribute to the development of clean energy and the achievement of global sustainability goals.

About Vector Renewables

Vector Renewables has provided services in more than 60 countries, managing a portfolio of over 5.4 GW and delivering services for more than 235 GW as a Technical Advisor and 6 GW as a Legal Advisor. Additionally, the company has participated in over 3,000 projects, positioning itself as one of the most relevant independent advisors in the renewable energy sector worldwide.

About Ingenostrum

Ingenostrum SL is a leading international engineering group specializing in renewable energy, with photovoltaic, wind, and battery storage projects, sustainable data centers, and the development of new non-fossil-based fuels. Since its founding in 2009, it has worked to redefine the energy landscape toward a renewable model, supporting clients and partners in their transition to decarbonization. Its track record includes projects in 14 countries, driven by the experience of its founder, Santiago Rodríguez Agúndez, who has over 20 years of expertise, and the company's commitment to a sustainable energy future.

In December 2023, Ingenostrum strengthened its position with the participation of the French infrastructure fund Andera Partners. This strategic alliance has consolidated its market position and expanded its reach across all business areas, particularly in high-growth sectors such as data computing centers.

 

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