Greenvolt Group, a leading renewable energy company and part of the KKR portfolio, has agreed to sell a 231 MW portfolio of wind and solar projects in Spain through its partnership with Green Mind Ventures to Transiziona, a company owned by White Summit Capital. The agreed transaction value amounts up to €195 million.
The agreement includes a forward sale to commercial operation date (COD) of projects with a total capacity of 145 MW; and a platform with a greenfield portfolio with an additional capacity of 86 MW. Over the past two months, Greenvolt Group had already announced the sale of other utility-scale projects in Poland, totalling €333 million. With this latest transaction in Spain, the Group’s total asset sales in 2025 now reach approximately €530 million.
“This transaction in Spain, which follows recent divestments in Poland, clearly demonstrates Greenvolt’s ability to develop large-scale renewable projects at various stages and across different technologies. These projects effectively attract market interest and enable us to capitalise on our asset rotation strategy, while continuing to build a robust project pipeline”, said João Manso Neto, CEO of Greenvolt Group.
Greenvolt continues to pursue its strategy of rotating 70–80% of its large-scale projects at Ready-to-Build (RtB) or COD (Commercial Operation Date) phases. The Group currently holds a 13.2 GW pipeline across 18 countries, aiming to bring at least 5.3 GW to RTB by the end of this year.
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