The renewable energy arm of German industrial conglomerate Baywa Group has sold three solar plants in Spain with a total capacity of 115MW to L&G NTR Clean Power Fund, a new vehicle managed by Legal & General Investment Management and asset manager NTR.
Former will deploy 1.64GW of PV as part of 3GW pipeline in Teruel while latter secures preliminary grid go-ahead for 450MW installation in Guadalajara.