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How Spain’s new renewable auctions could impact merchant investors
The Spanish renewables market has been at the forefront of PPA activity in the post-subsidy world in Europe, with entities such as AB InBev, Alpiq, Axpo, Amazon, Engie and Statkraft all having found the right conditions in the country to enter into long-term offtake contracts with project developers. This market evolution has only been marginally slowed by the fall-out from the COVID-19 pandemic.
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