Agência para o Investimento e Comércio Externo de Portugal


Portuguese renewable power company Finerge Group has bought six photovoltaic (PV) farms with a combined capacity of 17.8 MW from Luxembourg-based company Luxbon Solar SA.

Located in the Greater Lisbon region, these solar assets are capable of generating a turnover of EUR 8 million (USD 9.3m) per year to the company. The transaction is expected to be completed this month.


With this new addition to its portfolio, Finerge has a total of ten solar parks in Portugal and an installed capacity of 47.6 MW in the country. Its overall solar capacity also jumped 47% as a result of this deal.