News Article

Foresight’s 50MW Guzman Solar Project In Andalusia Connects To The Grid And Generates At 100% Capacity


Foresight Group LLP is
pleased to announce the successful grid connection of its 50MW Guzman solar
power plant in Puebla de Guzman, south-west Spain, which has started exporting
clean electricity from 19th August.

The plant, which was acquired by Foresight in April
2019 and built in a turn-key basis by the Spanish EPC Contractor SOLAER, and
which entered into a 10-year power purchase agreement (PPA) with EDF Trading in
December 2019, comprises 150,000 solar panels and will generate around 85GWh
every year, making a significant contribution to Spain's emissions targets.

Adolfo Guerrero, Technical Manager at
, commented
We are delighted to announce that the solar farm Guzman has become
fully operational, being the largest solar plant and grid infrastructure
acquired in Spain on a construction risk basis, and becoming feasible to
connect the plant to the 220/66 kV Substation Sierra del Andevalo.
” He
added “It has been a pleasure to work with such a committed team who
together have managed to complete the plant successfully.

The project is the latest of Foresight's 150MW
portfolio of unsubsidised solar assets in the Iberian region to become fully
operational. Foresight has a strong pipeline of unsubsidised solar
projects and is in the process of making further acquisitions in the region.

Carlos Rey, Director at Foresight and
Head of Iberia,
commented: “The Guzman project is, to date, our largest
operational solar facility in Iberia and we are delighted to consolidate our
presence in the region. At Foresight we are committed to investing for a
smarter future and providing subsidy-free clean energy from the sun as a legacy
for future generations is a major part of that commitment.”

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