BayWa r.e. sells Huhtamaki-related solar park in Spain

BayWa r.e. has sold its Spanish ‘Almodóvar’ solar park to leading independent power producer Encavis AG. Almodóvar is part of a 10-year Virtual Power Purchase Agreement (VPPA) that BayWa r.e. signed with Huhtamaki in 2021. The deal for two Spanish solar farms covers approximately 80% of Huhtamaki’s electricity needs in Europe. It marked the largest European solar corporate VPPA for the packaging industry, as well as the first solar corporate VPPA signed by a Finnish company.

Located in Andalucía near the city of Córdoba, the solar farm is expected to be connected to the grid in Q4 2025. With a capacity of 95 MW and an annual electricity generation of 187 GWh, Almodóvar will make a significant contribution to the Spanish energy transition.

After the sale of the 109 MW Lirios solar farm a few months ago, this transaction marks another milestone in the ongoing partnership between BayWa r.e. and Encavis AG, which unite their expertise to advance numerous solar and wind projects across Europe.

BayWa r.e. is dedicated to improving biodiversity throughout the project’s construction and operation. To achieve this, the company will take various measures. These include laying out two ponds for invertebrates and amphibians, installing nesting boxes, and building shelter for small mammals, insects and bats. Furthermore, the company will cultivate leguminous and cereal species as a habitat for steppe birds on an area of approximately 82 hectares, situated near the project site.

Join our Newsletter

Sign up to our weekly newsletters for updates on articles, interviews and events

Sign up