EiDF announced that it has purchased three 238 MW solar power plants after the stock market fiasco.

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After that we lost about 1,500 million euros Galician company EiDF has been shopping since it returned to the stock market last Monday after being suspended since April 14, and has announced the formalization of an agreement to purchase three photovoltaic solar power plants in Burgos with a total capacity of 238 megawatts (MWp). they state that it produces 179,420 MWh of energy each year, which is “equivalent to the consumption of 109,670 homes”.

In particular, according to the company specializing in the installation solar panels for photovoltaic self-consumptionThe operation includes: Acquisition of the Garoña Alfacuarta project 100 MWp, currently holding a positive Environmental Impact Statement (DIA) and preliminary administrative clearance; also that of Barcina Garoña Vega I and II, each with a capacity of 69 MWp and also having an appropriate DIA and awaiting the decision of preliminary administrative clearance.

At the center of the discussion, EiDF announced the operation Thursday afternoon, without specifying a price or payment method, after audit firms pointed to problems in its viability as a company and signs of possible document falsification. These projects in addition to seven new purchases It will be connected to a ‘pipeline’ of 357 MWp in total in 2023. The company currently has 40 facilities under construction.

“With these acquisitions, EiDF Solar strengthens the progress of projects forming the pipeline close to 2,600 MW and adds further robustness to the portfolio of this line of business with niche projects spanning the national region,” the company said. Note.

After falling these days, until it loses 87% of its valueEnergy company titles turned into positive territory this Thursday, rising 3.83% to 3.9 euros.

The Galician company saw how its board members chose to buy shares to stop the bleeding. In particular, his advisor Bruno Díaz, through his company Sigma Energy Consulting Corporation, and his board secretary, María Carmen Costas, have achieved more than 21,000 titles. Bruno Díaz bought 20,000 shares this Wednesday, while Costas bought 1,068 shares this Thursday, according to the National Securities Market Commission (CNMV) records.

EiDF Solar continues its operational activity as normal thanks to its business robustness The company continues its strategy for 2022 and 2023 by focusing on the construction of projects not exceeding 10 MW to strengthen its niche project portfolio with less impact; which means fewer procedures for their development and construction.” Published on BME Growth, the so-called SME exchange where it is listed.

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