The financing agreement with Société Générale, amounting to 89 million euros, has been finalized for three photovoltaic plants of more than 123 megawatts in Almeria, Granada and Murcia in Spain.
The company seeks to promote renewable energy generation, focused on increasing the production of clean and sustainable energy. At the same time, reducing greenhouse gas greenhouse gas emissions and create more employment opportunities in operational areas of the company.
A 123 megawatts of energy project
This fund will be used for the development and construction of three photovoltaic plants located in different parts of Spain. The selected locations include a plant in Almeria, which is completing construction, and two more in Murcia and Granada, both in construction phases, starting in late 2023.
This financing agreement with Société Gén é rale represents a step forward in promoting sustainable development. From the perspective of the management of X-Elio s CEO, Lluís Noguera, expressed his satisfaction at having the support of Société Générale in this vital set of projects.
Significant funding for X-Elio
Noguera stresses that this financial support will accelerate the realization of the company’s vision for a greener, more environmentally friendly future. In addition, these projects are expected not only to generate renewable energy, but also to boost local economic growth and contribute to combating climate change.
The head of Société Générale in Spain, Donato González, has expressed the bank’s enthusiasm for supporting the company in its renewable energy initiatives in the country.
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Source: X-Elio
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