News
30 October 2024

Canary Islands hydroelectric project gets €300m loan

In:
Power, Renewables
Region:
Middle East & Africa

Red Electrica's project to build the Salto de Chira pumped-storage hydroelectric power plant in Gran Canaria has received a €300 million ($325 million) EIB loan.The plant will use a system of two water reservoirs at different heights to store or deliver energy from renewable energies...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Video
26 May 2026

Fengate: What's driving aviation investment

Proximo's In-depth podcast hears from Fengate's Jensen Clarke about the drivers of investment in aviation infrastructure in North America, and what investors need to get right...

Perspective
28 May 2026

Rock Rail NnW: Battery ROSCO combines banks and bonds

John Laing’s €800 million battery-electric ROSCO marks its return to German greenfield PPP. The deal combines a straightforward payment regime with some technology and...