May 1 (Renewables Now) - German renewables developer ABO Wind AG today said it has sold 88.5 MW of consented wind projects in Spain to an unnamed international investor.
The assets are located in Chinchilla, Barrax and Soliedra, in the southern provinces of Albacete and Soria, and were part of ABO Wind Espana SAU’s portfolio.
The German firm’s Spanish subsidiary is now working on over 1,000 MW of solar and 600 MW of wind projects. The capacity is split across 37 schemes, some of which ABO Wind will build itself, while others will be sold when they are shovel-ready.
"In the near future, we expect many more project successes in Spain," Schlageter added, indicating the company’s intention to contribute to achieving Spain’s goal of having 120 GW of installed renewables by 2030, primarily wind and solar.
ABO Wind has been operating in Spain for 18 years, it says in the statement.