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El Romeral

Sector: Power Generation (CCGT) • Location: Spain

Source: Financial Conduct Authority (FCA)

ProjectPrivate

Acquisition of a 49.9% interest in the El Romeral gas and power project in southern Spain, including three producing wells and an 8.1 MW power station. The project has significant potential to increase gas production and electricity generation. Acquisition cost was €375,000, with the power station originally costing €10 million to construct. Current utilization is 22% of capacity, with plans to in

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The project “El Romeral” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Spain. Taiyo aggregates data on it from Financial Conduct Authority (FCA).

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Description

Description

Acquisition of a 49.9% interest in the El Romeral gas and power project in southern Spain, including three producing wells and an 8.1 MW power station. The project has significant potential to increase gas production and electricity generation. Acquisition cost was €375,000, with the power station originally costing €10 million to construct. Current utilization is 22% of capacity, with plans to increase production and drill new wells targeting identified gas resources.

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