BayWa has sold its 109MW Spanish Lirios solar farm to independent power producer Encavis.
This deal marks another chapter in the long-standing collaboration between BayWa and Encavis.
The Lirios solar farm will be located 35 km west of Seville and is planned to be commissioned in the second half of 2025.
With a production of 220GWh per year, it will power the equivalent of around 60,000 Spanish households.
This transaction is part of BayWa’s continued project sales in Europe and beyond over the past year. This included a 520MW solar project in the US, a 50MW solar project in Japan, a 112MW solar farm in Australia and approximately 200MW of further project sales in Europe.
Matthias Taft, CEO at BayWa, commented: “We are pleased to announce the successful sale of our Lirios solar farm to Encavis AG, which is a testament to the quality and performance of our renewable energy assets. We are looking forward to building on the strong and trustful partnership with Encavis AG and to many more joint efforts to accelerate the energy transition in Europe and beyond.”
Mario Schirru, CIO/COO of Encavis AG, added: “Our acquisition of Lirios is yet another example of a successful European sale closure in one of our key markets. Thanks to our excellent collaboration with BayWa, we significantly expanded our energy portfolio and are counting on many more fruitful projects together in the future.”