Merida (Badajoz), January 28th, 2019. Antonio Rodríguez Osuna, Mayor of Merida, and Luis Cid, OPDEnergy’s CEO, have presented this morning the details surrounding the plant denominated “La Fernandina”, whose construction shall start in the next few weeks in the municipality of Merida.
The plant will occupy an area of 100 hectares nearby the motorway of Alange and achieve a total power capacity of 50 MWp. The construction of La Fernandina will last for 9 months and require a total investment of € 30 million.
When in operation and connected to the grid at the end of 2019, La Fernandina will produce enough renewable energy to supply the equivalent of 26,000 households with electricity. According to parameters estimated and released by the Spanish Office for Climate Change (Oficina Española de Cambio Climático - OECC), such production will contribute to avoid the annual emission of 40,000 tons of CO2 into the atmosphere.
During the press conference from the city hall of Merida, the Mayor Antonio Rodríguez Osuna thanked the company for having chosen Mérida "for such important project that supposes a large investment and creation of employment, in addition the activity will generate an important economic return for the city in the future".
Luis Cid Suárez, the CEO of OPDEnergy, which is specialized developing renewable energy assets in all stages (development, financing, construction and operation & maintenance), has publicly acknowledged the commitment deployed by the local authorities towards the production of renewable energy, “a commitment that made possible the project we are proud to present today”.
According to Cid, the construction of the plant will result in the creation of 200 new jobs at its peak. In addition, during the construction phase, the company will subcontract supporting services from local companies and the local community. In the Spanish Autonomous Community of Extremadura, OPDEnergy developed and built 8 solar photovoltaic plants with a total capacity of 32 MWp throughout its 13 years of activities. Moreover, the company has projects to develop and invest in 4 new renewable assets in the region, amounting to over 500 MWp of capacity.
300 MWp in Spain in 2019
La Fernandina is one of the 7 solar photovoltaic assets that OPDEnergy foresees to construct in 2019 in Spain. In total, these assets shall achieve a total capacity of 300 MWp. Therefore, besides the project presented in Merida, the international power company will bring to life 100 MWp in Andalusia – a 50 MWp plant in Puerto Real, Cadiz, and another 50 MWp plant in Alcalá de Guadaira, Sevilla - ; and 148 MWp in Aragon – through four assets amounting to 61 MWp in Zaragoza and 87 MWp in Teruel.
Outside Spain, the company will develop and construct a substantial amount of renewable energy projects across Mexico, Chile and the United States, achieving the construction of a total of 500 MWp by the end of the year. Finally, and in line with its strategic focused on portfolio diversification, the company has under its pipeline the development of 5,000 MW (5 GW)
International reference: www.opdenergy.com. Energizing the future.
The Spanish firm OPDEnergy has become one of the main international companies in the renewable energy sector, thanks to a business model in continuous expansion and evolution over its 13-year history. During this period, the multinational has reached € 1,100 million invested in finished projects in Spain, Italy and England.
In the Spanish market, the Government granted 200 MW, in its last auction to opdenergy, becoming the first private equity company -without business groups listed on the stock exchange or in the hands of investment funds-, which received more MWs (with the sixth position in the total ranking of adjudications).//