Masdar, through its subsidiary Saeta, announced plans to invest in Valle Solar, a solar photovoltaic (PV) project in Spain’s Valencia region. The project is located in the municipalities of Ayora, Jarafuel, and Zarra. It will have an installed capacity of 234 megawatts (MW), with the potential to integrate a 259 MW Battery Energy Storage System (BESS) in the future. The plant is expected to begin operations in the first half of 2027.
Valle Solar was initially promoted by Genia Solar Energy and Solar Ventures. The agreement to move forward with its construction includes initiatives to integrate renewable energy with environmental protection and community support. This project is designed to promote biodiversity in the area while producing clean energy, aiming to balance energy production with wildlife preservation and local engagement.
Masdar is working to expand its presence in Spain and across the Iberian Peninsula. The Valle Solar project is part of its broader plan to grow its global clean energy portfolio to 100 GW by 2030. The acquisition of this project highlights Masdar’s strategy to enhance renewable energy capabilities in Europe while supporting Spain’s transition to cleaner energy.
This project reflects collaboration between multiple partners. Saeta Yield is partnering with Genia Solar Energy and Solar Ventures to bring the project to life. The construction and operation will follow a model that respects the environment and supports the local economy.
Valle Solar stands out as an example of integrating renewable energy with local and environmental considerations. It is one of Masdar’s initiatives in Europe to promote sustainable energy while encouraging economic growth in the region.
Advisors for the transaction included Watson Farley & Williams, G-advisory, EY, and Finergreen for Solar Ventures and Genia Solar Energy. Saeta Yield was advised by Broseta, Solida, and Pérez-Llorca.