Cubico Sustainable Investments acquires Spanish wind farm
Cubico Sustainable Investments, a global provider in renewable energy and water investment, and its partner Plenium Partners, have acquired a 67 megawatt wind farm in Valencia, Spain from Enerfin, a Spain wind-farm developer and operator, and a subsidiary of Elecnor.
Last month, OTPP and PSP Investments announced its plans to acquire, in equal proportions, Banco Santander, S.A.’s indirect interest in Cubico. As a result, PSP Investments and Ontario Teachers’ will, once the deal closes, remain the sole ultimate shareholders of Cubico, on a 50-50 basis.
Cubico’s portfolio now comprises 30 assets located across eight countries, with a total gross capacity of approximately 2,000 megawatts installed across a breadth of technologies (wind, solar, and water infrastructure).