Madrid, April 2024 - Astris Finance congratulates French asset manager Mirova for the successful closing of the acquisition and financing of a portfolio of solar PV and storage assets in the Balearic Islands.

This portfolio comprises a solar photovoltaic park with a total capacity of nearly 60 MWp and an additional potential storage capacity of up to 30 MW/120 MWh. The assets, located in the municipality of Mahon on Menorca Island, Spain, were developed by Qualitas Energy and Q-Impact.

These renewable energy assets are expected to drive significant change and contribute to shaping a sustainable, greener future in the Balearic Islands.

Astris Finance acted as exclusive financial advisor to Mirova, further building on Astris’s strong track record in the renewable sector in Southern Europe and its expansion into the PV/storage sector.