Greenvolt sells 231 MW of energy projects in Spain to Transiziona for €195mn

Greenvolt Group finalised the sale of 28 solar and wind projects to Transiziona, valued at €195mn, bringing total asset sales to €530mn in 2025 as part of its pan-European strategy.

Partagez:

Greenvolt Group has announced the sale of a 231 megawatt (MW) portfolio of solar and wind energy projects located in Spain to Transiziona, a company owned by White Summit Capital. The transaction, carried out through its joint venture with Green Mind Ventures, is valued at €195mn ($211mn) and includes a total of 28 projects at various development stages.

A hybrid portfolio spread across several phases

The agreement includes a forward sale to commercial operation date (COD) of projects representing 145 MW, along with a greenfield portfolio of an additional 86 MW. This transaction strengthens Greenvolt’s asset rotation strategy, aimed at monetising large-scale project development by selling the majority of assets before they become operational.

Greenvolt had previously announced, over the past two months, the sale of similar utility-scale projects in Poland totalling €333mn ($360mn). With this Spanish transaction, total disposals by the group in 2025 now amount to approximately €530mn ($574mn), according to figures released by the company.

Upstream divestment model prioritised

A subsidiary of investment firm KKR, Greenvolt follows an asset rotation model focused on selling 70% to 80% of its utility-scale projects once they reach the Ready-to-Build (RtB) or COD phases. This model is designed to free up resources for its expanding development pipeline.

The company reports holding a total pipeline of 13.2 gigawatts (GW) across 18 markets, with plans to advance at least 5.3 GW to RtB stage by year-end. This approach allows Greenvolt to maintain market positioning without locking capital in operational assets.

A strategy aligned with industry trends

“This transaction in Spain, which follows divestments in Poland, shows our capacity to develop large-scale projects at different phases,” said João Manso Neto, Chief Executive Officer of Greenvolt Group, in a statement issued on 3 June.

Transiziona, the acquiring entity, is part of White Summit Capital, an investment firm specialising in sustainable infrastructure. No further details were disclosed regarding the project financing structure or the anticipated closing timeline.

The US investment fund Ares Management enters Plenitude's capital by acquiring a 20% stake from Eni, valuing the Italian company at 10 billion euros and reinforcing its integrated energy strategy.
ENGIE secures a contract to reduce Airbus' industrial emissions in France, Germany, and Spain, targeting an 85% decrease by 2030 through various local energy infrastructures.
Alain Rhéaume, Chairman of Boralex’s Board of Directors for eight years, will leave his position by December, following the appointment of his successor by the governance committee of the Canadian energy group.
Norwegian group Statkraft plans an annual cost reduction of NOK2.9bn ($292 million) by 2027, citing possible job cuts amid rising financial burdens and volatility in the European energy market.
EDF merges EDF Renouvelables and its International Division into EDF power solutions, led by Béatrice Buffon, to optimise its global 31 GW low-carbon energy portfolio and strengthen its international positioning.
TotalEnergies announces a strategic partnership with Mistral AI to establish a dedicated innovation laboratory integrating artificial intelligence tools aimed at enhancing industrial efficiency, research, and customer relations.
The Energy Transitions Commission warns of economic risks tied to growing protectionism around clean technologies, while calling for global consensus on carbon pricing.
Baker Hughes has reached an agreement to sell its precision sensor product line to Crane Company for $1.15bn, thereby refocusing its operations on core competencies in industrial and energy technologies.
American conglomerate American Electric Power sold 19.9% of two transmission subsidiaries to KKR and PSP Investments, raising $2.82bn to support its five-year $54bn investment plan.
The new mapping by Startup Nation Central identifies 165 active companies in Israel’s energy technologies, amid strong private funding and growing global market interest.
The new CEO of EDF, Bernard Fontana, aims to achieve €1 billion in operational cost savings for the French energy giant by 2030, prioritizing industrial contracts and the national nuclear sector.
CMS Energy Corporation has announced a cash tender offer for debt securities totalling $125 million, issued by Consumers Energy. The offer expires on July 3, 2025, with priority given to bonds submitted before June 17, 2025.
Vermilion Energy is exiting the U.S. market permanently by selling its assets for C$120mn ($87.88mn), refocusing its operations on Canada and Europe while reducing its debt and investment budget.
In 2024, Italian energy giant Eni paid approximately €8.4 billion to various global governments. These payments, primarily concentrated in Africa and Asia, reflect its commitments in the international energy sector.
The International Energy Agency projects a record-high global energy investment in 2025, driven by electricity and low-carbon technologies despite geopolitical and economic uncertainty.
The Czech regulatory authority launches an investigation into suspected collusion involving several major actors in the awarding of a thermal power plant, putting transparency of a strategic transaction for the energy sector at stake.
The Democratic Republic of Congo is set to replace its temporary ban on cobalt hydroxide exports with quotas, aiming to balance global demand, secure revenue, and stabilize market fluctuations.
European Energy secured EUR 145mn in financing from SEB and Swedbank to support wind, solar, and storage assets in Lithuania, reinforcing its regional expansion strategy.
Royal Vopak’s Indian joint venture rose nearly 3% on its first trading day in Mumbai, reaching an implied valuation of €2.7bn ($2.93bn).
US investment fund Davidson Kempner has reached an agreement to acquire Swire Energy Services, a provider of offshore equipment, strengthening its position in the global energy market.