KNK Energy has participated as technical consultant to Cubico Sustainable Investments in the bidding process for T-Solar. The Canadian fund has won the process and will pay 1,500M euros, including the debt, to the American fund I-Squared.
Cúbico thus adds 274 megawatts of installed capacity plus a backlog of projects under development (greenfield) for 1,400 megawatts, in one of the most disputed biddings of the year, surpassing China Three Gorges and Sonnedix in the final phase. Other bidders such as Naturgy, CPPIB or Q-Energy also participated in the process. In addition to the acquisition of the photovoltaic assets in Spain, the agreement also involves the acquisition of seven megawatts in Italy
This successful project strengthens KNK Energy’s leadership position in the area of Operation and Maintenance. This leadership is based on a comprehensive consultancy to the customer, which includes a wide range of technical services such as assistance/consulting in the acquisition of assets, technical audits, management of O&M contracts within the field of renewable and conventional technologies