Masdar, the United Arab Emirates-based renewable energy company, has announced the acquisition of the Valle Solar photovoltaic project through its Iberian platform, Saeta. Located in the municipalities of Ayora, Jarafuel and Zarra in the Valencia region, the project represents an installed capacity of 234 megawatts (MW), with the potential addition of Battery Energy Storage Systems (BESS) totalling 259 MW. The agreement was finalised with the initial developers, Genia Solar Energy and Solar Ventures.
Strategic deployment in the Iberian market
The investment aligns with Masdar’s European growth strategy and strengthens its presence on the Iberian Peninsula, as the company targets a global clean energy production capacity of 100 gigawatts (GW) by 2030. Valle Solar is scheduled to become operational in the first half of 2027, making it one of the largest solar projects in the region. The transaction underscores Spain’s central role in the European roadmap for renewable energy development.
Strengthening a collaborative model
The project was conceived as a collaborative platform among several entities. Advisors to Genia Solar Energy and Solar Ventures included Watson Farley & Williams, G-advisory, EY and Finergreen. Saeta was advised legally by Broseta, Solida and Pérez-Llorca. The transaction highlights a cooperation framework that could serve as a model for other large-scale projects across Europe, in a context of expanding energy transition initiatives.
Development and storage outlook
In addition to its photovoltaic capacity, Valle Solar plans to integrate future energy storage solutions, potentially establishing it as a hybrid site. This flexibility would support the local electricity grid while optimising the management of solar power intermittency. The project reflects an industrial approach focused on supply security and the modernisation of Spain’s energy infrastructure.
