FCC Energy acquired the 20 MW photovoltaic assets through its purchase of the companies Helios 1 and Helios 2.
Each of the photovoltaic energy plants, located in the province of Cordoba, covers an area of approximately 45 hectares, and contains more than 129,000 photovoltaic modules. These plants are operational and have been producing energy since September 2008.
Each of the plants is made up of a group of 100 photovoltaic installations, with nominal capacity of 100 kW at the inverter. The 100 kW installations are linked via a medium-voltage network made up of 10 2x630 KVA transformers, which connect the hundred 100 kW installations; two medium-voltage rings that join them, and a Control and Measurement Centre building with the auxiliary services transformer.
FCC has invested €144 million at the two plants, funded through Project Finance.
FCC has an agreement to develop solar thermal energy in Spain with the Japanese multinational Mitsui & Co. Ltd.
The solar thermal energy plant will require a total investment of €272 million and it will be
operational by 2012.
Located in the town of Palma del Río in Cordoba, which is one of Europe's leading sites in terms of solar radiation, the plant will produce enough electricity to meet the needs of 26,000 households and will reduce CO2 emissions by approximately 30,000 tonnes per year.