Abengoa Yield has bought 131MW of solar sites in Spain from its parent company Abengoa SA in a $312m deal.
The company acquired the Solacor 1 and 2 sites and PS10/20 concentrating solar power plants, as well as the 50MW Cadonal wind park in Uruguay.
The deal should be completed once the South American plant begins commercial operation in early 2015.
Abengoa Yield has also closed a credit line that comprises a four-year bullet facility worth $125m. It was provided by a group of five banks including HSBC, Bank of America Merrill Lynch, Citi, RBC and Santander.
Image: Abengoa Yield has bought 131MW of solar sites (sxc)
