Galp Acquires 351 MW Operational Onshore Wind Portfolio in Spain from Helia for €320 Million
Galp has agreed to acquire a portfolio of 17 operational onshore wind farms in Spain totalling 351 MW from Helia, a joint platform of Plenium Partners and Bankinter Investment, for an equity value of approximately €320 million. The portfolio generates around 750 GWh annually and operates under a merchant regime. The transaction brings Galp's total installed renewable capacity to 2 GW and is expected to close in Q2 2026.
Transaction date: · Source: galp.com
Key facts
- Transaction date
- Technology
- Onshore Wind
- Capacity
- 351 MW
- Transaction price
- 320 million (currency as reported in the source)
- Buyer
- Galp
- Seller
- Helia
- Country
- Spain
- Region
- Spain (multiple locations)
- Continent
- Europe
- Development status
- Operational
- PPA
- n.a.
Technology details
17 operational onshore wind farms located in areas with attractive wind resources across Spain. Average commercial operation start date of 2009. Generating approximately 750 GWh per year on average. Assets operating under a merchant market regime with a robust operational track record.
Additional information
Equity value of approximately €320 million. Transaction expected to close during Q2 2026.
Source
Original announcement: https://www.galp.com/corp/pt/media/comunicados-de-imprensa/comunicado/id/1680/galp-reforca-renovaveis-com-aquisicao-de-portefolio-eolico-de-351-mw-em-operacao-em-espanha