500 MWp Solar PV Project
EBITDA
TBD
Gross
TBD
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Global lower-middle market M&A Advisors
Countries in which we've closed transactions
Languages spoken by our Team
Total deals value
Global lower-middle market M&A Advisors
Countries in which we've closed transactions
Languages spoken by our Team
Total deals value
© 2026 MergersCorp M&A International.
© 2025 MergersCorp M&A International is a global brand operating through a number of professional firms and constituent entities (“Members”) located throughout the world to provide Investment Banking, Corporate Finance, and Advisory Services and other client-related professional services. The Member Firms (“Members”) are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit our Disclaimer: https://mergerscorp.com/disclaimer. MergersCorp M&A International's franchising program is not offered to individuals or entities located in the United States.
The franchising program is offered by MergersUK Limited, a UK Company with its registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
MergersCorp M&A International provides strategic business advisory services, including preparing companies for growth and capital access. Through partnerships with licensed investment bankers, clients can access tailored capital-raising solutions.
U.S. Investment Banking Securities transactions are exclusively conducted by Spektrum Capital Advisors LLC, a Registered Representative of, and Securities Products offered through, BA Securities, LLC, a FINRA-registered broker-dealer. Check the background of investment professionals associated with this site on Broker Check.
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Portugal, a captivating European gem, weaves a tale of historic charm and coastal allure. Lisbon, the sun-kissed capital, enchants with colorful neighborhoods like Alfama and iconic landmarks such as Belém Tower. Porto, along the Douro River, invites with wine cellars and medieval charm. The Algarve's golden beaches and dramatic cliffs create a stunning coastline. Sintra, a fairy-tale town, boasts palaces amidst lush hills. Portugal's Fado music resonates with soulful storytelling, while the UNESCO-listed Douro Valley produces world-renowned wines. With a rich maritime legacy, delectable cuisine, and warm hospitality, Portugal beckons as a destination where past and present intertwine seamlessly.
The Project is a single-asset solar photovoltaic (PV) development located in Southern Portugal, targeting a cumulative installed capacity of 500 MWp and a weighted average specific yield of approximately 1,704 kWh/kWp.
The project combines a substantial land position, an executed Grid Contract Agreement (GCA) with REN, and flexibility in future electricity sales, with co-located battery energy storage potential.
Key Investment Highlights
Grid Connection Secured
The Grid Contract Agreement was executed with REN in October 2023. The perpetual grid connection is expandable up to 420 MWn.
Strategic Land Position
More than 830 hectares of buildable land have been secured on plots directly adjacent to the Divor substation, supporting minimal interconnection costs.
The subsidy-free project allows for a merchant, Power Purchase Agreement (PPA), or hybrid revenue approach as it approaches commercial operation.
Battery Storage Potential
Co-located battery storage is contractually obligated. A sizing and viability analysis for the inclusion of up to 200 MW of battery energy storage system (BESS) provision was underway according to the source document.
Development Timeline
October 2023 — Grid Agreement Executed
Grid Contract Agreement executed with REN.
Q1 2026 — Environmental Licence (DIA)
Approval was projected for this period in the original source document. Current status requires confirmation.
2027 — Ready-to-Build Target
Target development milestone as stated in the original source document.
© 2025 MergersCorp M&A International is a global brand operating through a number of professional firms and constituent entities (“Members”) located throughout the world to provide Investment Banking, Corporate Finance, and Advisory Services and other client-related professional services. The Member Firms (“Members”) are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit our Disclaimer: https://mergerscorp.com/disclaimer. MergersCorp M&A International's franchising program is not offered to individuals or entities located in the United States.
The franchising program is offered by MergersUK Limited, a UK Company with its registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
MergersCorp M&A International provides strategic business advisory services, including preparing companies for growth and capital access. Through partnerships with licensed investment bankers, clients can access tailored capital-raising solutions.
U.S. Investment Banking Securities transactions are exclusively conducted by Spektrum Capital Advisors LLC, a Registered Representative of, and Securities Products offered through, BA Securities, LLC, a FINRA-registered broker-dealer. Check the background of investment professionals associated with this site on Broker Check.
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