The three solar PV power plants - Anemoi at the Cantillana, El Coronil and Ocaña - have a peak capacity of 19.7 Megawatts (MW), which will produce over 30 GWh annually, enough to power around 8,000 households. The were grid-connected in time to take advantage of Spain's pre-cap feed in tariff, which at the time of connection secured a favourable rate for the solar-PV derived electricity of between approximately €430 per MWh and approximately €455 per MWh, for 25 years.

Platina, based in London and Paris, has managed the multi-disciplinary process of finance, construction and production in conjunction with its Madrid-based investee company, Anemoi Renovables SL. In total, Platina and Anemoi have invested €134m in the three projects, with financing arranged by UniCredit.

Platina now has a significant presence in the solar PV market, and is actively seeking to expand in Spain and Italy. Alexandre Labouret, a partner at Platina, said, “we are very pleased to have commissioned these projects in time to lock in the higher feed-in tariff, which will now deliver high risk adjusted returns to our fund."