Greenvolt Group has agreed to sell a 231MW wind and solar portfolio in Spain to Transiziona, a company owned by White Summit Capital, for up to €195m.
The portfolio comprises 28 projects at various stages of development and was transacted through Greenvolt’s partnership with Green Mind Ventures.
The deal includes a forward sale of 145MW to commercial operation date, as well as a greenfield pipeline totalling 86MW.
Greenvolt said the transaction highlights its strategy of rotating 70–80% of large-scale projects at ready-to-build or operational stages.
“This transaction in Spain, which follows recent divestments in Poland, clearly demonstrates Greenvolt’s ability to develop large-scale renewable projects at various stages and across different technologies,” said João Manso Neto, CEO of Greenvolt Group.
“With these projects, we capitalise on our asset rotation strategy while continuing to build a robust project pipeline,” he said.
The company, backed by KKR, has now sold around €530m in utility-scale assets in 2025, including €333m of divestments in Poland announced earlier this year.
Greenvolt currently manages a 13.2GW pipeline across 18 countries and aims to bring at least 5.3GW to ready-to-build status by the end of the year.