Cubico completes acquisition of Andasol 1 and Andasol 2 concentrated solar power plants in Spain

UK-based renewable energy and water investment firm Cubico Sustainable Investments has acquired two operational solar power projects in Granada, Spain. The total capacity of the two projects is 99.8 MW. The plants use parabolic trough thermo solar technology with 7.5 hours of thermal salt storage, which, combined with an oversized solar field, allows the plants to generate through the night. The projects have been acquired from Antin Infrastructure Partners, Deutsche Asset Management’s infrastructure investment business and Spanish Construction Company Cobra Sistemas y Redes.

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