This deal marks another chapter in the long-standing collaboration between BayWa r.e. and Encavis AG, who have joined forces to deliver various solar and wind ventures throughout Europe. The Lirios solar farm will be located 35 km west of Seville and is planned to be commissioned in the second half of 2025. With a production of 220 gigawatt hours per year, it will power the equivalent of around 60,000 Spanish households.
Matthias Taft, CEO at BayWa r.e. commented, "We are pleased to announce the successful sale of our Lirios solar farm to Encavis AG, which is a testament to the quality and performance of our renewable energy assets. We are looking forward to building on the strong and trustful partnership with Encavis AG and to many more joint efforts to accelerate the energy transition in Europe and beyond."
Mario Schirru, CIO/COO of Encavis AG added: "Our acquisition of Lirios is yet another example of a successful European sale closure in one of our key markets. Thanks to our excellent collaboration with BayWa r.e., we significantly expanded our energy portfolio and are counting on many more fruitful projects together in the future."
