24 May 2024
24 May 2024
The investment is expected to enhance shareholder value and support more than 60,000 additional jobs.
The financing will initially support the construction of 1GW of solar capacity, the majority in Spain and the remainder in the UK.
The deal adds 1.5GW of wind and solar projects to Statkraft's assets, alongside a pipeline of projects in development.
The investigation stages will include setting up a meteorological mast and engaging with local stakeholders.
Upon completion of its three phases, Fox Squirrel Solar's total capacity will reach 577MW.
The company will supply 134 turbines, each with 3MW of power-generating capacity.
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