- The opening of this branch by the renewable energy company highlights its commitment to the Valencian Community.
- The company plans to invest 300 million euros in the development of new projects in the region.
X-ELIO, a leading global company specialized in the development of renewable and sustainable energy projects, has announced the opening of a new office in the Valencian Community to promote its continued growth, developing 100% clean energy projects that contribute to boosting the region’s energy mix, while driving and supporting the economic and social development of the region.
The company currently counts with a portfolio of around 400 MW in the region, which it plans to develop in the coming years, for which it estimates an investment of around 300 million euros, will provide clean energy equivalent to the average consumption of more than 200,000 homes and avoid the emission of 160,000 tonnes of CO2 into the atmosphere.
Mid last year, X-ELIO announced the inauguration of the 35 MW “Turroneros” PV plant in Xixona, Alicante, and by the end of this year, the firm expects to start the construction of the 15 MW “Turroneros II” PV plant. With this project, the company will have commissioned a total of 50 MW in this province, where the total investment has reached to more than 40 million euros. Thereby, X-ELIO will become the company that has commissioned the most megawatts of photovoltaic solar energy in the Valencia region to date.
Last June, the company’s CEO, Lluís Noguera, held a meeting with the media in Alicante in which he detailed the company’s portfolio in the region and gave his point of view on current relevant aspects of the energy sector.
The company will continue its mission and work to support the achievement of the climate objectives in Spain, where it has been promoting and building projects since 2005, and in which the Valencian Community has a relevant weight within the company’s portfolio.
Arancha Martínez, Country Manager of X-ELIO in Spain, stated: “With the opening of this new headquarters we intend to materialize our commitment to the region and contribute to its socio-economic development. We want to continue investing and growing in the Valencian Community through the development of our projects, as well as supporting the region on its way to becoming a leader in this new responsible and sustainable industry.”
X-ELIO is specialized in the development, construction, financing and operation of sustainable energy projects with a global presence in Europe, the United States, Latin America, Japan and Australia. The firm has 17 years of experience with more than 2.6 GW built. The group is a world leader in the development of renewable and sustainable energy, with a strong commitment to greenhouse gas reduction and the fight against climate change.
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