Tarba Energía S.L. Acquisition
Sector: Power Generation (CCGT) • Location: Carmona, Andalucía, Spain
Source: Financial Conduct Authority (FCA)
Acquisition of 100% of Tarba Energía S.L., including the El Romeral production concessions and associated 8.1MW gas-to-power plant near Carmona, Andalucía, Spain, and the Tesorillo and Ruedalabola exploration permits in Cadiz province. The acquisition was completed on 15 April 2025 for a total consideration of €662,725, with €100,000 payable upon securing drilling permits. The El Romeral plant ope
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Status
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Description
Description | Acquisition of 100% of Tarba Energía S.L., including the El Romeral production concessions and associated 8.1MW gas-to-power plant near Carmona, Andalucía, Spain, and the Tesorillo and Ruedalabola exploration permits in Cadiz province. The acquisition was completed on 15 April 2025 for a total consideration of €662,725, with €100,000 payable upon securing drilling permits. The El Romeral plant operates at about 30% capacity pending permits to drill five new wells to increase production. The Tesorillo project covers 94,000 acres with known gas discovery and is currently suspended. |
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Original Currency | USD |
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Source
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Data quality score | 100% |
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