Solar PV Transactions in Spain

Renewables.digital currently lists 8 Solar PV transactions in Spain between December 2025 and September 2026, with a combined capacity of 8,414 MW. Companies involved include Masdar (2), Repsol (2), aream Group SE (1), Capital Energy (1) and Copenhagen Infrastructure Partners (1). Development status: Operational (8) and Under Development (1). The most recent deal is “Qualitas Energy Acquires Cero Generation's 5.8 GW European Solar PV and BESS Platform from Macquarie Group” (7 September 2026).

  • 8Transactions
  • 8,414 MWTotal capacity
  • 3Technologies
  • 2With PPA
  • December 2025 – September 2026Period

All Solar PV transactions in Spain

DateTransactionTechnologyCapacityCountryBuyerSeller
Qualitas Energy Acquires Cero Generation's 5.8 GW European Solar PV and BESS Platform from Macquarie Group Solar PV, Battery Storage (BESS) 5,800 MW United Kingdom, Italy, Spain Qualitas Energy Macquarie Group, Cero Generation
Shell Sells ~0.5 GW European Onshore Renewables Portfolio Across Italy, Netherlands, Spain and UK to TotalEnergies Onshore Wind, Solar PV 500 MW Italy, Netherlands, Spain, United Kingdom TotalEnergies Shell
aream Group Sells 26.3 MWp Regulated Solar PV Portfolio in Badajoz, Spain to Merus Capital Solar PV 25 MW Spain Merus Capital aream Group SE
Repsol Sells 49.99% Stake in 705 MW Renewables Portfolio in Spain to Masdar for €849 Million Onshore Wind, Solar PV 705 MW Spain Masdar Repsol
Sonnedix Acquires 13.3 MW RECORE Solar PV Portfolio in Spain, Surpassing 1.3 GW Operational Capacity Solar PV 13 MW Spain Sonnedix –
Repsol to Sell 49% Stake in 706 MW Minerva Renewables Portfolio in Spain to Masdar for ~€850 Million Onshore Wind, Solar PV 706 MW Spain Masdar Repsol
Ørsted Divests European Onshore Wind, Solar and BESS Platform to CIP for EUR 1.44 Billion Onshore Wind, Solar PV, Battery Storage (BESS) 578 MW Ireland, United Kingdom, Germany, Spain Copenhagen Infrastructure Partners Ørsted
Equitix acquires 87 MW El Castillar and Joluga hybrid wind projects in Spain Onshore Wind, Solar PV, Battery Storage (BESS) 87 MW Spain Equitix Capital Energy

Deal summaries

Qualitas Energy Acquires Cero Generation's 5.8 GW European Solar PV and BESS Platform from Macquarie Group

7 September 2026 · 5,800 MW · United Kingdom, Italy, Spain

Qualitas Energy has signed a definitive agreement to acquire Cero Generation's core European platform from Macquarie Group through Qualitas Energy Fund VI. The 5.8 GW portfolio spans the UK, Italy and Spain, comprising over 2 GW in operation, under construction or at ready-to-build stage and 3.8 GW in development. Cero Generation will continue to operate as an independent Qualitas Energy portfolio company.

Shell Sells ~0.5 GW European Onshore Renewables Portfolio Across Italy, Netherlands, Spain and UK to TotalEnergies

3 August 2026 · 500 MW · Italy, Netherlands, Spain, United Kingdom

Shell has signed a Sale and Purchase Agreement to sell its European onshore renewables portfolio to TotalEnergies. The portfolio comprises approximately 0.5 GW of renewable generation capacity in operation and under development across Italy, the Netherlands, Spain and the UK, plus a development pipeline. The transaction is expected to complete by end of 2026.

aream Group Sells 26.3 MWp Regulated Solar PV Portfolio in Badajoz, Spain to Merus Capital

8 July 2026 · 25 MW · Spain

aream Group SE has completed the sale of two fully operational, regulated solar PV plants totalling approximately 26.3 MWp in the province of Badajoz, Extremadura, Spain to a fund managed by Merus Capital. Operational since 2010 and 2011, the plants benefit from Spain's RD 413/2014 regulatory remuneration scheme with an estimated remaining life of 15–16 years, providing stable long-term cash flows.

Repsol Sells 49.99% Stake in 705 MW Renewables Portfolio in Spain to Masdar for €849 Million

11 June 2026 · 705 MW · Spain

Repsol and Masdar have signed an agreement for Masdar to acquire a 49.99% stake in a 705 MW operational renewable energy portfolio in Spain, valued at €849 million. The portfolio includes 13 wind farms (402 MW) and six solar parks (303 MW), all operational by Q1 2026, plus more than 565 MW of hybridization growth potential. The transaction is expected to close by end of 2026.

Repsol to Sell 49% Stake in 706 MW Minerva Renewables Portfolio in Spain to Masdar for ~€850 Million

4 May 2026 · 706 MW · Spain

Repsol has agreed to sell a 49% stake in its Minerva renewables portfolio in Spain to UAE's Masdar, according to Reuters citing Cinco Dias. The portfolio comprises 13 wind farms and six solar plants with a total installed capacity of 706 MW, valued at approximately €850 million. The deal is reported to be in its final stages and expected to be formalised within weeks.

Ørsted Divests European Onshore Wind, Solar and BESS Platform to CIP for EUR 1.44 Billion

3 February 2026 · 578 MW · Ireland, United Kingdom, Germany, Spain

Ørsted has signed an agreement with Copenhagen Infrastructure Partners to divest its entire European onshore renewables business for EUR 1.44 billion. The transaction covers onshore wind, solar PV and battery storage assets across Ireland, the UK, Germany and Spain, with closing expected in Q2 2026.

Equitix acquires 87 MW El Castillar and Joluga hybrid wind projects in Spain

18 December 2025 · 87 MW · Spain

Equitix has acquired a majority stake in the 87 MW El Castillar and Joluga wind farms in Spain from Capital Energy. The assets, located in Castilla-La Mancha and Navarre, include solar PV and battery storage hybridisation projects under development as part of Equitix’s Spanish hybrid renewables platform.

Related

Other technologies in Spain

Most active companies

Data as of 30 September 2026. The overview covers the transactions currently listed in the Renewables.digital database; each deal links to its original public source.