BRUC, one of the leading independent renewable energy producers, closed the 2025 financial year with 38 photovoltaic plants in commercial operation, with a combined installed peak capacity of 1,963 megawatts (MW). In addition to these operational assets, the company has 637 MW currently under construction—all based on solar photovoltaic technology—and a further 3,988 MW under development.
Altogether, BRUC’s total asset portfolio amounts to 6,588 MW.
Of the 3,988 MW under development, 1,716 MW correspond to photovoltaic projects, 2,200 MW to hybridized battery storage systems and 72 MW to a wind hybridization project linked to the “Las Quinientas” photovoltaic plant. In line with its business model, BRUC will install its first battery systems before the end of the year, providing greater flexibility to the power supply.
During the year, BRUC managed plants generated 3.42 terawatt-hours (TWh) of clean energy, enough to supply electricity to 900,000 households in Spain. This output helped avoid the emission of one million tons of CO₂, equivalent to the pollution generated by 673,000 combustion-engine vehicles.
Financing for the construction and operation of its asset portfolio is secured through agreements with major national and international financial institutions, all aligned with the Green Loan Principles. Recently, BRUC agreed to a €474 million non-recourse financing package with BNP AM, Banco Santander, Banco Sabadell, Export Development Canada (EDC), and Banco Cooperativo. These funds will be used to refinance existing
debt linked to 858 MW of operating photovoltaic plants located in the regions of Andalusia and Aragon.
BRUC sells the energy it produces either on the wholesale market or through power purchase agreements (PPAs) with leading corporations. The company’s strong shareholder base—comprising the pension funds OPTrust and USS—underpins the development of its ambitious business plan. “The confidence of our shareholders allows us to continue advancing in the delivery of our business plan and to be ready to seize the opportunities arising from the electrification of the economy,” said Juan Béjar, chairman of BRUC.
For his part, BRUC CEO Luis Venero stressed that “the investments in storage that we are undertaking as part of our business model will allow us to provide flexibility to our energy o
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