Foresight Group LLP has announced that it has agreed a 10-year Power Purchase Agreement for the 50 MW subsidy-free solar project in Guzman, Spain, with EDF Trading Ltd., a subsidiary of the EDF Group.
The Guzman plant, which is mechanically completed, is expected to become operational in Q1 2020 generating around 85 GWh every year, making a significant contribution to Spain's emissions targets.
Foresight was advised by Osborne Clarke (Legal) and ONE (strategic PPA advisor).