Ence Energia Acquires 90% Stake in Lucena Biomass Power Plant in Spain from EDF Energies Nouvelles

Published: Aug 02 2017
Deal Summary

Ence Energia y Celulosa SA, a renewable energy company, has acquired 90% stake in Lucena Biomass Power Plant, located in Cordoba, Spain, from EDF Energies Nouvelles, a provider of clean and renewable energy company. The total installed capacity of the plant is 27.1 MW. The total cost of the power plant is EUR28 million (USD33 million). The investment per MW will be USD1.21 million.

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