Olmedilla

Olmedilla is a solar photovoltaic project boasting an estimated capacity of 169 MW, situated in Castilla-La Mancha, Spain, near the city of Cuenca. The project was successfully connected to the electricity grid and commenced electricity production in July 2022.

In January 2021, Noy Fund secured project financing amounting to EUR 69 million from prominent Spanish lenders, Caixa Bank and Banco de Sabadell SA on a merchant basis.

Noy's involvement in Olmedilla project is part of its collaborative European portfolio alongside Nofar Energy, collectively known as Andromeda Solutions.