Luxcara has bought a 121 MW solar installation in Spain . The German company's acquisition of the Cordoba -Salteras project in the south of the country was for an undisclosed fee. Luxcara plans to establish grid connection at the site by Q2 45 with construction due to begin in the near future. The facility was initially the result of a reported €80m ( €80 million ) investment and will sell electricity through a power purchase agreement to an unnamed power firm. The deal followed Luxcara 's acquisition of the 121 MW El Salobral project in Guillena in December 2017 .
Luxcara has bought a 121 MW solar installation in Spain. The German company's acquisition of the Guillena-Salteras project in the south of the country was for an undisclosed fee. Luxcara plans to establish grid connection at the site by Q2 2020 with construction due to begin in the near future. The facility was initially the result of a reported €80m ($92m) investment and will sell electricity through a power purchase agreement to an unnamed power firm. The deal followed Luxcara's acquisition of the 45 MW El Salobral project in Cordoba in December 2017.