- Greening will continue executing the EPC of the projects through GreenSol, its U.S. division
- Both assets are backed by long-term PPAs and will jointly generate more than 3,3 GW
- The transaction represents the first asset rotation under the 2026–2030 Strategic Plan
Madrid, June 8, 2026.
Greening has announced the sale of a portfolio of industrial solar assets under development located in California and Virginia, United States, to an international energy investor.
The projects have already secured the necessary permits to begin construction and are expected to enter commercial operation during the fourth quarter of 2026. The portfolio consists of rooftop photovoltaic installations with a combined capacity of approximately 2.1 MWp, backed by long-term power purchase agreements (PPAs) signed with a leading international food packaging group.
Under the agreement, Greening will continue executing the EPC of the projects through GreenSol, its platform specialized in the U.S. market.
Both assets will directly supply renewable energy to industrial facilities through long-term onsite PPAs, reinforcing revenue stability and reducing exposure to electricity market volatility. Together, the projects will generate more than 3,285 MWh annually and avoid approximately 1,314 tonnes of CO₂ emissions per year, reinforcing the role of distributed generation as a key tool for industrial decarbonization and energy resilience.
With this transaction, Greening completes its first asset rotation under the 2026–2030 Strategic Plan, presented at the end of April, aimed at consolidating an integrated energy platform with greater recurring revenues, cash flow visibility, and sustainable growth capacity. The transaction also strengthens the company’s positioning in the distributed generation segment in the United States, a market driven by growing corporate demand for sustainable energy solutions and investor appetite for renewable assets with recurring revenues.
“This transaction demonstrates our ability to develop high-quality projects and unlock value in strategic markets such as the United States. At the same time, it allows us to optimize capital allocation and continue advancing the execution of our Strategic Plan,” said Pablo Otín, CEO de Greening.