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Marguerite – Acquisition of stake in solar portfolio in Spain

Marguerite II has acquired an 80% stake in two construction-ready PV projects in Spain with a net capacity of 100MW from OPDEnergy. The two projects in Merida and Cadiz are part of a wider portfolio of projects owned by OPDEnergy that were awarded tariffs in Spain’s last regulatory auction. Financial details of the transaction have not been disclosed.