AUDAX RENOVABLES: 20 MWp PHOTOVOLTAIC SYSTEMS UNDERWAY

Audax Renovables has obtained the authorization to start operating the photovoltaic plants – with a total power of 20 MWp – of La Zarzuela I, II, III and IV, located near Toledo in the Spanish region of Castile-La Mancha. 

Although the work had been completed for weeks, the commissioning of the plant suffered from some bureaucratic and administrative delays.

A similar situation concerns the photovoltaic plants of Las Alberizas I, II, III and IV located in the municipality of Guadalajareño de Torija (Castilla-La Mancha), with a total installed power of 20MWp: for these too, authorization from the proposed institutions is awaited in order to begin energy production. 

Furthermore, it should be noted that the Group is continuing with the construction of the following projects:

• Calañas, a project located in the town of the same name in the province of Huelva (Andalusia), with a power of 4.48 MWp
• Los Arenales, located in the town of Polán, near Toledo, with a power of 5 MWp
• El Toconal, located in the city of Navalmorales, Toledo, with a power of 5 MWp

Their construction is proceeding regularly, with an average execution of 90%; the Audax Group expects their completion and entry into service during this year.

All the above projects did not require third-party funding, as the resources were derived from emissions of green bonds made at the end of the previous year.

In the coming weeks, the Group will continue to promptly inform the market of the progress of the projects that make up the portfolio, with the aim of keeping its investors constantly updated.

Increasing energy generation 100% from renewable sources continues to be part of the strategy of the Audax Renovables Group, always focused on closing agreements with the aim of providing its customers with renewable energy produced in its own plants.