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Suma Capital, a leading independent multi-asset manager specialized in sustainability funds, and Alpiq, a Swiss electricity producer and international energy trader, laid the first stone last Tuesday for the 'Quijote' project, which involves the construction of two photovoltaic parks, Entrecaminos and Haza de las Tobas, in the province of Toledo. Sergio Fernández Encabo, partner of Suma Capital, and Paula del Castillo Cabanas, Country Manager of Alpiq in Spain, hosted this symbolic event, which was also attended by Óscar Page, CEO of SENS Ibérica, and local authorities.
The Entrecaminos and Hazas de las Tobas photovoltaic projects will have a capacity of 8.9 MWp and 11.4 MWp respectively. Both plants will occupy a total area of 33.3 hectares between the towns of Villacañas and Madridejos (Toledo) and are expected to produce 42.34 GWh per year, equivalent to the consumption of 12,700 homes. The construction of the plants will start in the coming days.
"The 'Quijote' project is an example of our commitment to investing in sustainable infrastructure for the energy transition. This project aligns with our environmental impact and sustainability goals, which are fundamental to us. We are proud to collaborate with our partner Alpiq in the construction of this project, sharing the common purpose of building the path towards a more sustainable and just future" said Sergio Fernández, partner at Suma Capital.
"With the Entrecaminos and Haza de las Tobas photovoltaic projects, Alpiq, together with its partners, contributes to the expansion of climate-friendly electricity production, while strengthening the security of supply in the province of Toledo through renewable sources" – stated Paula del Castillo, Country Manager of Alpiq – "At Alpiq we feel the responsibility to implement sustainability not only in our business model, but also in our day-to-day business".
"We are delighted to have been the technology chosen by Suma Capital and Alpiq for the construction of the Entrecaminos and Haza de las Tobas Photovoltaic Projects," explains Óscar Page, CEO of SENS. "Our company is firmly committed to putting its extensive experience in the construction and commissioning of photovoltaic parks at the service of the projects”.
About Suma Capital
Suma Capital is an independent investment manager that works together with society, companies and investors to develop and grow projects that generate a positive impact on business, people and the environment. With almost two decades of experience, it manages three investment programs focused on ESG issues: SC Growth, SC Infra and SC Venture. Since its founding in Barcelona, it has become a European asset manager with offices in Barcelona, Madrid and Paris.
Alpiq aims to be a leading energy boutique in Europe. As an electricity producer and international energy trader, Alpiq is present in all major European markets. Alpiq has been generating climate-friendly and emission-free electricity through its hydro power plants in Switzerland for more than 100 years. With many years of experience in origination, Alpiq provides tailor-made offerings in market access, asset and risk management as well as market representation services and is a European leader in long-term power purchase agreements (PPAs).
About SENS Iberica
SENS – Iqony Solar Energy Solutions Ibérica started operations in Spain in 2010. It currently has offices in Madrid, Seville and Lisbon.
The company, which has just over 100 employees in Spain and Portugal, combines local knowledge with international experience, which has enabled it to experience rapid and significant growth.
In addition to the development and construction of large-scale photovoltaic plants, SENS offers innovative PV self-consumption solutions for commerce and industry. The company has another cross-cutting business line dedicated to the operation and maintenance of PV parks, which is being very active in other innovative solutions.