X-Elio has reached an agreement with DWS to sell three solar plants to the investor.
The three projects, located in the municipality of Medina de las Torres, Badajoz, started operations mid-2023 and have a total capacity of 147MW.
This marks additional investments for DWS’s European strategy, which allows German retail and institutional investors to buy in directly into infrastructure projects.
These acquisitions follow DWS’s recent investment in Energiepark Lausitz, one of the largest open-space solar plants in Germany, further contributing to DWS’s commitment to backing energy transition across Europe.
X-Elio remains committed to its origin key market with a remaining portfolio of 14GW of pipeline in different stages of advancement and diversified among different regions in the Spanish market.
Partner investments infrastructure at DWS Peter Brodehser said: “We are very pleased with three further investments for our European infrastructure strategy for German investors.
“Investments both from institutional and from retail clients are needed to drive change and enable European transformation projects, particularly in the energy sector.
“Investors in our strategy can participate in infrastructure projects, supporting Europe’s energy transition ambitions as well as receiving a return on their investment.
“It is a pleasure for us to be able to walk part of this path together with the team at X-Elio.”