Today’s renewable energy news includes announcements from Exus, Zelestra, GreenYellow, and others.
Exus Acquires 60% Stake in Masdar’s Portugal Wind Portfolio
Exus Management Partners has agreed to acquire a 60 percent stake in Masdar’s onshore wind portfolio in Portugal, expanding its renewable energy footprint in Southern Europe. The transaction strengthens Exus’ position as an independent asset manager focused on long-term clean energy investments. The Portuguese wind assets provide stable, operating renewable generation capacity, supporting the country’s decarbonization targets and Europe’s broader energy transition goals. Masdar will retain a minority interest, maintaining strategic involvement in the portfolio. The deal highlights continued investor appetite for operational wind assets offering predictable cash flows, as asset managers scale their presence in Europe’s mature renewable energy markets through strategic acquisitions and partnerships.
Zelestra Breaks Ground on 242 MW Solar Project in Peru, Boosting Renewable Energy Capacity
Zelestra has officially broken ground on a 242 MW solar power project in Peru, strengthening the country’s renewable energy capacity and accelerating Latin America’s clean energy transition. The utility-scale photovoltaic (PV) plant will deliver low-carbon electricity to Peru’s national grid, supporting energy diversification and long-term decarbonization goals. The 242 MW solar project is expected to power thousands of homes while reducing greenhouse gas emissions and dependence on fossil fuels. Construction will generate local jobs and stimulate regional economic growth. This milestone reinforces Zelestra’s position as a global renewable energy developer, advancing large-scale solar investments in high-growth markets and contributing to Peru’s expanding solar energy infrastructure.
GreenYellow Secures EUR 32 mn Loan for Solar and BESS Projects in Spain
GreenYellow has obtained a EUR 32 million loan to finance the development of solar power and battery energy storage system (BESS) projects in Spain. The funding will support the construction and deployment of renewable energy assets designed to enhance grid flexibility and accelerate decarbonization. The solar and BESS portfolio will combine photovoltaic generation with energy storage to optimize power output, manage intermittency, and provide reliable clean electricity to the grid. Hybrid renewable projects are gaining traction in Spain as the country expands wind and solar capacity while strengthening energy security. The financing underscores growing investor confidence in integrated solar-plus-storage solutions and reinforces GreenYellow’s strategy to scale distributed and utility-scale renewable energy infrastructure across Europe.
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