Masdar acquires 234MW Valle Solar plant, one of Spain’s largest PV projects
Masdar, through its Iberian platform Saeta, closed the agreement for the construction and commissioning of one of the largest solar PV installations in Valencia of 234MW, with a potential BESS hybridisation of 259MW
Masdar has completed the acquisition of Valle Solar, one of the largest solar photovoltaic (PV) projects in Spain’s Valencia region, through its subsidiary Saeta.
The investment marks a key milestone in Masdar’s expansion in Spain and reinforces the UAE-based renewable energy leader’s commitment to European clean energy initiatives.
Valle Solar, initially developed by Genia Solar Energy and Solar Ventures, is located across the municipalities of Ayora, Jarafuel, and Zarra.
Valle Solar highlights
The project will feature a 234-megawatt (MW) solar PV plant, with the potential for hybridsation through a 259MW battery energy storage system (BESS). It is expected to be operational in H1 2027.
The acquisition highlights Spain’s strategic importance in Europe’s renewable energy landscape and underscores Masdar’s goal of reaching 100 gigawatts (GW) of global clean energy capacity by 2030.
Valle Solar is designed to integrate sustainability initiatives, prioritising biodiversity conservation and local community engagement alongside renewable energy production.
“The investment in Valle Solar reinforces Masdar’s commitment to Spain’s energy transformation and our broader ambition to expand our footprint across the Iberian Peninsula and Europe,” the company stated.
We are delighted to announce that, through our subsidiary #Saeta, #Masdar has acquired one of the largest solar PV projects in Spain’s Valencia region, Valle Solar.
#PioneeringEnergy— Masdar (@Masdar) March 27, 2025
Through Saeta, Masdar is advancing the decarbonisation of energy production while fostering economic growth in the region.
The agreement between Saeta Yield, Genia Solar, and Solar Ventures establishes Valle Solar as a benchmark for sustainable development, blending clean energy generation with environmental stewardship.
Advisors for the transaction included Watson Farley & Williams, G-advisory, EY, and Finergreen for Solar Ventures and Genia Solar Energy, while Saeta Yield was advised by Broseta, Solida, and Pérez-Llorca.
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