By Rodrigo de Miguel

 

Solaria Energia y Medio Ambiente SA will supply renewable power from its 626-megawatt photovoltaic plant in Spain to Royal Dutch Shell PLC and Axpo Holding AG, according to a company source.

Earlier this week, the Spanish energy company said construction of the Trillo plant, which is located in Guadalajara, is scheduled to start in May and the project will be operational by the end of the year. The plant's investment is estimated at a total 219 million euros ($264.7 million).

Solaria had previously said that it has signed 10-year purchase power agreements with both Shell and Axpo Iberia, a subsidiary of the Swiss company.

 

This story was translated in whole or in part from a ​Spanish-language version initially published by EFE Dow Jones, a partner of Dow Jones & Co.

 

Write to Rodrigo de Miguel at rodrigo.demiguelroncal@dowjones.com

 

(END) Dow Jones Newswires

April 27, 2021 06:37 ET (10:37 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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