Press Releases

MATRIX RENEWABLES AGREES TO ACQUIRE 300 MW IN LATE-STAGE DEVELOPMENT ASSETS FROM ALTEN IN SPAIN AND PORTUGAL AND ENTERS INTO A 2 GW DEVELOPMENT AGREEMENT IN SPAIN

Madrid, 14 June 2021- Matrix Renewables, the TPG-backed renewable energy platform, leader and global investor in renewable energy, has entered into an agreement with Alten Renewable Energy, to acquire a 300 MW solar portfolio across Spain and Portugal.

The portfolio, which comprises 5 different assets with a capacity of 300 MW, includes 210 MW of solar PV in Spain and 90 MW in Portugal. Construction on the first phase of these projects is expected to begin in 2021. In addition, Matrix Renewables has also reached an agreement with the Alten management team to develop 2 GW of solar and storage projects in Spain and Portugal.

Iñigo Asensio, Head of M&A at Matrix Renewables, said: “These agreements will allow Matrix to become a relevant renewable energy platform in the Iberian Peninsula. We are confident that it will boost our presence in Spain and Portugal, and we will continue to further explore additional opportunities in Europe, Latin America and the US in our quest to expand, globally.”

Carlos Castellanos, Alten co-founder, said: “All members of the Alten team are very excited with this opportunity that allows us to contribute our experience in the Iberian Peninsula and other geographies with Matrix Renewables, one of the most important global renewable energy players.”

The new deal will build on Matrix Renewables’ existing portfolio in Spain. This consists of late-stage Solar PV projects of 125 MW, which were acquired from Trina Solar in 2020 and 150 MW acquired from Rolwind in 2021, the construction for which is expected to begin later this year. Another 1 GW partnership with Rolwind Group has also been signed to develop several additional assets.

About Matrix Renewables
Matrix Renewables is a renewable energy platform created and backed by global alternative [...]

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    Niassa Energia Solar, a subsidiary of Alten Africa, has signed a PPA with Electricidade de Mozambique for 40 MWp of PV

Niassa Energia Solar, a subsidiary of Alten Africa, has signed a PPA with Electricidade de Mozambique for 40 MWp of PV

The Niassa Energia Solar project will supply electricity to the national grid for a period of 25 years 

The Ministry of Energy granted a concession to Niassa to sell electricity via Ministerial Diploma which was published in the country’s Official Gazette 

The signature of the power purchase agreement represents a successful new milestone for Alten and its operations in Sub-Saharan Africa.

Madrid – Spain | Maputo – Mozambique, 16 November, 2020. Niassa Energia Solar (“Niassa”), a subsidiary of Alten Africa, has signed a power purchase agreement with Electricidade de Mozambique (“EDM”), the national utility of Mozambique. In terms of the agreement signed on 30 September 2020, the Niassa Energia Solar project will supply electricity to the national grid for a period of 25 years. The agreement was signed during an official event attended by His Excellency Filipe Nyusi, the President of Mozambique, as well as several national and international institutions.

The Ministry of Energy granted a concession to Niassa to sell electricity via Ministerial Diploma (number 55/2020), which was published in the country’s Official Gazette on the 29 September. In the coming weeks, the concession agreement will be signed, which will establish government support for the project.

The signature of the power purchase agreement represents a successful new milestone for Alten and its operations in Sub-Saharan Africa. It comes after several years of work together with Mozambican and Spanish partners and serves to further consolidate Alten’s leadership as a developer and investor in the renewable energy sector in emerging markets.

The Niassa Solar project will see the development of a 40MWp PV plant. The construction works for the plant are expected to begin in 2021, and it will connect to the grid via the Cuamba substation, which [...]

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    ALTEN Africa donates PPE material to help in the fight against COVID-19

ALTEN Africa donates PPE material to help in the fight against COVID-19

The donated PPE materials are FFP2 and surgical masks, plastic face shields, hand sanitiser and individual bottled water. It was handed over by the company to the regional government of Uasin Gishu County at an event presided by the Governor His Excellency Jackson Mandago and attended by the county’s most prominent authorities.
The donation was made by ALTEN Africa with the support of the NGOs CESAL and AVSI Kenya Foundation in the logistics and distribution of materials.
The action is an example of ALTEN Energías Renovables’ corporate policy of Social Investment to assist the population of the regions where the company operates.
ALTEN Africa is building a photovoltaic plant called Kesses 1, on the Eldoret plateau in Kenya, in Uasin Gishu County, one of the most populated in the country.
The 55MWp plant has a 40 MWac capacity and will account for 2% of the country’s entire installed capacity. Its commissioning has been delayed because of the pandemic and is now scheduled for the second quarter of 2021.
Annual production is estimated at 123.6 GWh/year, enough to meet the electricity needs of 824,000 Kenyans and avoid 33.99 metric tonnes of carbon emissions into the atmosphere every year.
The Kesses 1 photovoltaic plant will be ALTEN Africa’s first utility scale project in Kenya and one of the largest photovoltaic solar plants in east Africa.

Eldoret, Kenya 18th June 2020.- The international company ALTEN Africa, an independent solar power producer using PV technology, has made a donation to the government of the Kenyan County of Uasin Gishu, consisting of a shipment of high-protection and surgical masks, plastic face shields, hand sanitiser and individually bottled water  worth 1 million Kenyan shillings [...]

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    ALTEN Africa donates medical supplies to the Namibian government to help in the fight against COVID-19

ALTEN Africa donates medical supplies to the Namibian government to help in the fight against COVID-19

The medical supplies, comprising surgical masks and hydroalcoholic gel, were donated by the company to the government of Namibia at an event hosted by the Prime Minister, the Hon. Saara Kuugongelwa.
The donation is in line with ALTEN Energías Renovables’ corporate Social Investment policy to assist the population of the regions where the company operates.
ALTEN Africa owns and operates the 45MWp Hardap photovoltaic solar plant, the biggest in Namibia.
The plant, which occupies a land area of 100 hectares, has an estimated annual production of 116 GWh. This is enough energy to supply a population of 87,000 people (over 3% of Namibia’s total population).

Windhoek, 1st June 2020.- The international company ALTEN Africa, an independent solar power producer using PV technology, has donated face masks and bottles of hand sanitizer to the Namibian government. With this donation the company is providing the healthcare supplies needed to stop contagion of COVID-19, and thus to support Namibian health professionals and the public in the fight against the spread of the virus in the country.

The medical supplies donated were handed over by the company to the Namibian government at an event hosted by the Prime Minister of the Republic of Namibia, the Hon. Saara Kuugongelwa. Mario Rodriguez, ALTEN’s representative for southern Africa, made the donation on behalf of the company. The Prime Minister of the Republic of Namibia, the Hon Saara Kuugongelwa, expressed her appreciation to ALTEN Africa for its altruistic donation to the population of Namibia.

ALTEN Africa owns and runs a 45 MWp photovoltaic solar plant in Mariental municipality, the capital of the Hardap region. The plant is currently the largest in Namibia and one of the largest [...]

COVID-19: ALTEN ENERGÍAS RENOVABLES STATEMENT

ALTEN Energías Renovables has tackled significant challenges in the past, but we have never lived through anything like the pandemic caused by COVID-19.

Amidst global uncertainty, the priority for ALTEN Energías Renovables is to ensure the safety and health of all the professionals working with us, and to send a message of confidence and reassurance to our customers, suppliers, employees, partners and investors in all the countries in which we have a presence.

We are following very closely the decisions and guidance being given by the authorities in each country, and have put in place the technical and organizational resources necessary to guarantee that all our personnel continue working at full capacity, in an environment that is safe against this pandemic, to ensure the continuity of our projects throughout the world.

Our contingency plan works to guarantee our activity in the event of isolation and to contribute responsibly to controlling an epidemic in which each and every one of us plays an important part. For this reason:

In agreement with our suppliers, we have cut as far as possible the number of personnel present in the construction and operations of our photovoltaic plants, trying, as we always do, to employ local staff to avoid journeys from other regions.
We have closed our offices in the Netherlands, Spain, Mexico, Namibia and Kenya, rolling out teleworking for all administrative, technical and sales staff, preventing the need for travel in order to minimize their exposure to the risk of contagion.
We are carrying out control, monitoring and analysis in real time of our premises using online tools.
We give all our staff daily updates on the rules they must respect and conduct personal follow ups of those [...]

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    ALTEN Energías Renovables opens new photovoltaic plant in Spain, in El Casar (Alcarria)

ALTEN Energías Renovables opens new photovoltaic plant in Spain, in El Casar (Alcarria)

With a land area of 28.35 has. it has an array of 34,713 PV modules, each with a capacity of 375W.
It uses 479 solar trackers that follow the sun’s East-West trajectory, thereby increasing the plant’s production by 20%.
108 string inverters improve efficiency and make installation and subsequent maintenance easier, making it one of the pioneers in the use of this technology in Spain.
EUR 8 million has been invested in construction and commissioning the facilities.
Over 40 local firms have been involved in building the plant, which has provided employment to over 300 people.
By operating the plant, 11,873 Tns of carbon emissions, equivalent to 7,000 vehicles out of circulation, will be avoided.
Its production is equivalent to the average annual energy consumption of 7,300 homes.
The commissioning of this new plant is proof of ALTEN Energías Renovables’ interest in developing new PV projects in Spain.

Madrid, 9th October, 2019.- ALTEN Energías Renovables has today opened its new 13 MWp solar photovoltaic plant ALTEN El Casar in the municipality of El Casar, specifically on the Nava, La Hoyuela and La Cruz del Contadero plots, to the north of the national highway N-320, leading to the town of El Casar, and near the Valdelosllanos housing development.

The President of the Castile La Mancha regional government, Emiliano García-Page Sánchez, attended the opening ceremony, accompanied by the Minister of Employment, Migrations & Social Security, Magdalena Valerio and the Mayor of El Casar, Mª José Valle, among other authorities.

The new PV solar plant covers a land area of 283,411 square metres (28.35 has), divided into 10 plots with excellent solar resources. Construction was managed by the Ortiz Group, which completed the works in a record time of [...]

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    Cubico Sustainable Investments and ALTEN America sign up to a Community Investment Plan for schools in El Llano- Palo Alto

Cubico Sustainable Investments and ALTEN America sign up to a Community Investment Plan for schools in El Llano- Palo Alto

The companies’ goals are aligned with those of the UN’s Sustainable Development Agenda 2030 which seeks to end poverty, fight inequality and injustice and tackle climate change, without leaving anyone behind.
The initial donation will be for MXN 218,201.63.
More than 70 children in the Nicolás Bravo and Benito Juárez primary schools, in Sandovales and El Moquete respectively, will be the first to benefit.
The Community Investment Plan signed by both companies is part of an Environmental & Social Management System (ESMS) for the area with short, medium and long-term goals focusing mainly on education, which will be reviewed every year.
Cubico and ALTEN America are supporting and reinforcing their links with the El Llano community, with which they have been in close contact for the two years that their photovoltaic projects in the area have been under construction.
The Solem I and Solem II power plants have a combined capacity of 350 MWp which will generate renewably sourced energy to supply electricity to over 100,000 homes in Mexico.
These projects have created more than 600 new local jobs, with peaks of 1,500 workers during the construction phase, most of them people from El Llano.

Mexico-Aguascalientes-Palo Alto 25th April 2019.- Cubico Sustainable Investments (”Cubico”) and ALTEN America have signed a Community Investment Plan for the short, medium and long term focusing primarily on education, that will be reviewed every year, with the purpose of improving the living standards of the Mexican population living in the El Llano-Palo Alto municipality, in Aguascalientes State.

This Community Investment Plan is part of both companies’ Corporate Social Responsibility (CSR) strategies, given that they intend to continue supporting the population of El Llano, as [...]

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    ALTEN Africa sponsors the second edition of Eldoret City Marathon in Kenya

ALTEN Africa sponsors the second edition of Eldoret City Marathon in Kenya

The Dutch company will sponsor the event, together with some of Kenya’s biggest firms, and other international companies including Stanbic Bank, Paramount Bank, Credit Group, Standard Group, Stabex International and Coca Cola.

By sponsoring this event, organised by the government of the state of Uasin on 21st April, ALTEN Africa is showing its commitment to the local population.

ALTEN Africa has recently begun construction work on a 40MWac photovoltaic plant in the municipality of Eldoret in the state of Uasin Gishu, which will represent 2% of the country’s installed capacity.

The new photovoltaic plant will produce an estimated total of 123.6 GWh / year.

It will be ALTEN Africa’s first utility scale project in Kenya and one of the largest solar power stations in East Africa

Madrid | Spain – Nairobi | Kenya, 21st April, 2019.- ALTEN Africa will sponsor the second edition of Eldoret City Marathon organized in Kenya by the Government of the state of Uasin Gishu, in the municipality of Eldoret. The race is 42,195Km, as well as a 5 km Corporate Fun Run, and will take place on 21st April, under the slogan “Promoting sport tourism & climate action”.

The Dutch company will sponsor the event, together with some of Kenya’s biggest firms, and other international companies including Stanbic Bank, Paramount Bank, Credit Group, Standard Group, Stabex International and Coca Cola.
By sponsoring this event, organised by the government of the state of Uasin on 21st April, ALTEN Africa is showing its commitment to the local population of the municipality of Eldoret where it has begun construction on a 40MWac photovoltaic plant. It will account for 2% of the installed capacity of a country with 45 million inhabitants which in recent years has become [...]

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    ALTEN Africa is on the shortlist to construct and operate a 5MW plant in Cape Verde

ALTEN Africa is on the shortlist to construct and operate a 5MW plant in Cape Verde

The company, based in Spain, has satisfied the demanding technical and financial requirements for this first round of bidding and is competing head-to-head with some of the biggest energy players in the world market.

Cape Verde has a 2018-2040 Energy Plan to meet 50% of the country’s energy needs with renewably sourced energy by 2030.

Madrid | Spain – 12 March, 2019.- ALTEN Africa has once again won a place on a shortlist for a construction, development and operating contract, with a total run time of 25 years, for a 5MW plant on the island of Boa Vista, the most easterly of the 10 islands in the Cape Verde archipelago and the third biggest in size, with a landmass of 620 Km2 (29 km long by 31 km wide) and 55 km of beaches. Its natural landscape and year-long warm climate make the island very popular with tourists.

A large number of companies bid for the tender, called by the Ministry for Industry, Trade & Energy of the Republic of Cape Verde. Of these, only 8 made it to the shortlist. As well as ALTEN Africa, these include Akuo Energy, Elmya/Disa and Voltalia.

The plant will be built on the north-west part of the island. If the bid is successful, it will be entirely financed by ALTEN Africa, with investment estimated at around USD 8M.

Commercial operations are scheduled to begin during 2021; with solar radiation of 1,860 kWh/m2, the plant is expected to account for around 3.5% of the country’s installed capacity.

Like other countries in sub-Saharan Africa, Cape Verde has a 2018-2040 Energy Plan, that is designed to meet 50% of the country’s energy needs with renewably sourced energy by 2030, so this public tender can [...]