Project Finance Brief: Galp Energia Acquires 594 MW of Solar Projects in Brazil

D. E. Shaw Renewable Investments announces the debt and tax equity financing for a 149 MW River Fork solar project in the US

October 24, 2021

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Portuguese energy company Galp agreed to acquire and develop solar projects in Brazil with a combined capacity of 594 MW, moving forward with its renewable expansion ambitions. The acquisition comprises two solar projects under development in the Bahia and Rio Grande do Norte States, with capacities of 282 MWp and 312 MWp, respectively. The projects are set to reach their commercial operation date before 2025.

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