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


Perspective
27 March 2026

Are climate funds a good fit for DFIs?

DFIs are increasingly turning to funds to deploy their capital, with the product increasingly rivalling project finance structures. But the benefits in scale and risk...

Perspective
31 March 2026

Has SkyNRG removed doubts about SAF’s future?

The financing for SkyNRG’s DSL-01 SAF plant represents a bold bet on the fuel by its offtaker KLM. Until the industry can silence doubts about costs and policy support,...