Aquila European Renewables Income Fund has acquired the Spanish solar PV construction project.
Aquila made an acquisition of the Greco project through its subsidiary Tesseract Holdings.
It has been reported that Greco's 100MWp portfolio comprises two assets. They are based in the south of Spain in Andalucía.
To be noted, Andalucía region enriched with solar irradiation yields maximum sunshine hours.
The company informed that the project construction is currently underway. The project completion is expected by late 2022.