Equitix acquires majority stake in Canales Sur wind farm and hybrid renewable energy projects in Spain

Type: Acquisition · Technology: Hybrid · Country: Spain · Capacity: 91 MW · Announced: 2026-04-16

Equitix and its partners completed the majority acquisition of the Canales Sur wind farm in Palencia, Spain, a 91-megawatt project with potential expansion to 120 megawatts. The transaction includes under-development solar photovoltaic and battery storage hybridization projects, forming part of a 1-gigawatt pipeline of hybrid renewable energy projects secured under a framework agreement with Capital Energy. The platform has now acquired 50% of the planned installed capacity of the pipeline, marking a material milestone in Equitix’s European hybrid energy systems strategy. Construction is expected to generate over 1,600 direct jobs at peak, with a focus on local workforce and supply chain participation. The project includes a turbine supply and long-term maintenance agreement with Nordex and balance of plant, substation, and evacuation infrastructure contracts with Eiffage.

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