The agreement, facilitated through Greening Investments Desarrollos Espana (GIDE), involves capital disbursements in phases over three years. These funds will be released based on the achievement of construction milestones, certified by a technical agent for each project. This structured approach ensures efficient progress and accountability throughout the development process.
Ignacio Salcedo, CEO of Greening, stated: “This financing agreement with Qualitas Energy represents a new impetus to continue consolidating our growth and our commitment to the energy transition in Spain. The trust placed by Qualitas Energy in Greening highlights the strength of our projects and our ability to execute. With this transaction, we are making progress in the development of this portfolio that will not only contribute to the development of a more sustainable energy model, but will also strategically strengthen our market position and business growth.”
The solar portfolio is designed to enhance Spain’s renewable energy capacity, supporting the country’s shift toward a cleaner energy future. By leveraging Qualitas Energy’s financial backing, Greening is well-positioned to deliver high-quality solar projects that meet rigorous technical and environmental standards.
The collaboration underscores Greening’s expertise in executing renewable energy initiatives and its dedication to fostering sustainable development. The projects are expected to contribute to local energy needs while promoting economic growth through job creation and infrastructure development.
Qualitas Energy’s investment reflects confidence in Greening’s ability to deliver reliable and impactful solar projects. The partnership aligns with broader industry trends toward expanding renewable energy infrastructure to meet growing demand for clean power in Europe.
As construction progresses, the 90MW portfolio will play a key role in strengthening Spain’s renewable energy landscape. Greening’s strategic focus on sustainable growth, supported by this financing, positions the company as a leader in the energy transition, driving innovation and environmental responsibility in the solar sector.
This agreement marks a milestone in Greening’s expansion efforts, reinforcing its commitment to delivering renewable energy solutions that benefit both the environment and the economy. With Qualitas Energy’s support, Greening is advancing its vision of a sustainable energy future in Spain.
