Lantania to build a 50 MW solar plant in Alcalá de Guadaíra for Everwood Capital

• The Group signs an EPC contract with the fund manager to build a solar farm that will generate 150 jobs during construction

Madrid, 14 February 2024. Lantania will build a 50 megawatt (MW) solar farm in Alcalá de Guadaíra (Seville) for the renewable energy fund manager Everwood Capital. The infrastructure, water and energy Group has signed a turnkey (EPC, Engineering, Procurement and Construction) contract with Everwood Capital’s Fund IV for the development of a photovoltaic power station and its transmission infrastructure in the Andalusian province.

The project, named Tena I, is already under way and will last an estimated 16 months. Lantania plans to start work on the site this month with the aim of completing the farm in November 2025. The plant will employ 150 skilled employees during its construction phase.

A total of 72,000 panels will be installed over 93 hectares which will be capable of supplying more than 100,000 MW/year, corresponding to the annual consumption of 23,000 households. The clean energy produced by this facility will prevent 25,000 tonnes of CO2 emissions from entering the atmosphere annually, an amount equivalent to the planting of 1,100,000 trees.

One of the most important actions that the company will carry out during the construction of this solar power plant will be the construction of the transmission line. This line will consist of both overhead and underground sections connecting the solar power plant to the S/E Tena 132/30 kV substation.

With this solar farm, Lantania will have 293 MW of solar facilities under construction, which will be added to the 400 MW of projects that the company has already completed across the Iberian Peninsula. Among the infrastructure facilities already completed, the Tordesillas solar farm (125 MW) and the Añover and Huecas solar farms (100 MW) stand out. Energy is currently one of Lantania’s fastest growing business areas. This division already accounts for nearly 30% of the Group’s order intake.

Everwood is one of Spain’s leading renewable energy fund managers with more than €800 million in assets under management through its Funds IV and V. The fund manager was formed in 2015 and has a portfolio of 4 GWp of projects under construction for development in Spain, Italy, France and Germany. In addition to its energy operations, Everwood has a fund specialising in the transportation and logistics sector. The fund is currently in the process of being launched, with a target size of EUR 200 million.