Gas Natural Fenosa, through its subsidiary Global Power Generation (GPG) has agreed to acquire Gransolar (GRS) a majority stake (85%) of two solar plants in Brazil; solar parks “Sobral I and Sertao I” of 68MWp, located in the region of Piaui, north of the country.

The investment made by GPG plans to reach a production of 154 (GWh) per year and is scheduled to begin operating in the second half of 2017.

With this operation Gransolar (GRS) consolidates its presence in Brazil, where it already has offices.