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Kelag acquires three Spanish small hydropower plants1 min read

1. December 2024, Reading Time: < 1 min

Kelag acquires three Spanish small hydropower plants1 min read

Lesedauer: < 1 Minute

Austrian-based electricity group Kelag is in the process of acquiring three small hydropower plants from Spanish energy provider Iberdrola. Kelag had already acquired four Spanish small hydropower plants from Iberdrola last year. The three new ones are situated around 100 kilo­metres south of Valencia, on the Rio Mijares. The turbines of the ­hydropower plants in Los Cantos are expected to achieve a total annual output of 60 million kilowatt-hours. “These facilities had already been offered for sale by Iberdrola, and in the end our tender was accepted. The three hydropower plants in Los Cantos achieve a combined peak output of 32 MW. This means they generate 69 million kilowatt-hours of electricity,” as a statement from Kelag explains. In total the investment cost the Austrian energy provider 55 million euros. Together with the four small hydropower plants acquired last year, they say they are able to feed 88 million kilowatt-hours to the Spanish grid.

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