Vector Renewables, a leading independent advisor for renewable projects, has been selected by the investment fund Sancus Capital to provide Commercial Asset Management and construction support (Owner’s Engineering) for three solar photovoltaic assets in Spain.
It concerns the projects 'Sol de Murcia', 'Los Mistrales' and 'Pajaritos', with a total capacity of 10.92 MWp and located in the municipalities of Cartagena and Mazarron, in Murcia.
As part of the agreement, from the Asset Management area, Vector Renewables will carry out the activities related to the administrative, financial, and commercial management of the companies that manage the projects throughout the construction phase. In addition, the Technical Advisory business line will carry out the Owner’s Engineering and the supervision of the activities related to the Safety/Health and Environment Plan and the commissioning of the plants.
Construction of the projects is expected to be completed before the end of 2022.
This portfolio joins Vector Renewables' portfolio of projects in Spain, where it manages more than 1.4 GW of solar and wind assets.
About Vector Renewables
Vector Renewables has provided services in more than 40 countries. It has a portfolio under management of over 4.8 GW and has performed over 100 GW of services as Technical Advisor and 5 GW as Legal and Financial Advisor. The company has been involved in more than 3,000 projects, which has positioned itself as one of the most relevant independent advisors in the renewable energy sector worldwide.
About Sancus Capital
Sancus Capital is an independent Spanish asset manager specialising in managing renewable energy, real estate and venture capital projects worth more than 2.5 billion euros. The Firm has extensive global experience in investment, financing and operating renewable energy power generation projects.