Solar power plants in Spain to be sold

AES Corp. plans to sell its solar energy power plants in Spain after power subsidies were cut, the newspaper Expansion said.

The company reportedly hired JPMorgan Chase & Co. to find a buyer for its photovoltaic generators in Spain and wants more than 120 million euros ($170 million) for the assets, the newspaper said, citing unidentified people with knowledge of the matter.

Read more news and features on renewable energy.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...