Santander finances Juan Béjar and Ricardo Leal's alliance
Santander, Sabadell, Banco Cooperativo and BNP are financially supporting the alliance between Bruc and Alter Enersun for batteries in renewables.
BrucAlter, a joint venture between Spanish renewable energy platforms Bruc and Alter Enersun, has secured €222 million in funding from a pool of banks, including Santander, to develop its portfolio of hybrid projects. The projects will combine 208 MW of existing solar photovoltaic plants with 118 MW of battery energy storage systems (BESS). The funding will support BrucAlter's strategy of integrating renewable generation and energy storage. The projects are located in Andalusia and Extremadura.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
