Ingka Investments makes EUR 340 million investment in nine solar PV park projects in Europe as part of its commitment towards a renewable energy future

Ingka Investments, the investment arm of Ingka Group, acquires nine solar PV park projects in Germany and Spain from solar PV developer, ENERPARC. The total investment in the solar PV development portfolio will amount to approximately EUR 340 million. The expected energy capacity of the solar PV parks equals 300 megawatts in Germany across four solar PV development projects and 140 megawatts in Spain across five solar PV development projects. The expected production of the solar PV parks in Germany and Spain is equivalent to the electricity consumption of roughly…

Read More