January 31 (Renewables Now) – London-based firm Atlantica Sustainable Infrastructure plc (NASDAQ:AY) inaugurated on Friday the 20-MW La Sierpe photo voltaic PV farm in Colombia, its first photo voltaic funding within the nation, it introduced.
The plant consists of over 65,500 bifacial photo voltaic panels put in on a 65-hectare (160.6 acres) website within the municipality of San Benito Abad, within the division of Sucre. It took an funding of near USD 20 million (EUR 17.9m) to finish the venture, in keeping with the Colombian ministry of mining and vitality.
La Sierpe photo voltaic farm will function below a 15-year energy buy settlement (PPA), Atlantica Sustainable Infrastructure stated.
The venture was developed and constructed by AAGES, a world three way partnership between Canadian utility Algonquin Energy & Utilities Corp (TSE:AQN) and Spanish engineering agency Abengoa SA. In December 2020, Atlantica reached an settlement to acquire La Sierpe as soon as it reaches industrial operation.
On the time, the sustainable infrastructure investor and Algonquin additionally agreed to doubtlessly co-invest in extra photo voltaic tasks totalling some 30 MW in Colombia.
(USD 1.0 = EUR 0.895)