Global Infrastructure SherpaMoeve approves final investment decision for 300 MW Andalusian Green Hydrogen Valley project in Spain
Moeve approved a final investment decision for the 300 MW first phase of the Andalusian Green Hydrogen Valley project in Spain, representing an investment of over €1 billion.
Counterparts (3)
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- Moeve approved FID for 300 MW hydrogen project.
- Over €1 billion investment in Spain.
- Partners: Masdar, Enalter.
- Announced: 2026-03-06.
Source Intelligence
The first phase of the project is known as Onuba. The project has the option to expand by an additional 100 MW. Moeve holds a 51% majority stake in the project. The total investment includes associated infrastructure and a self-consumption PV plant. Quote: "The first phase, known as Onuba, will have 300 MW of capacity and the option to expand by an additional 100 MW." Quote: "Moeve holds a 51% majority stake in the project, which also includes Masdar and Enalter." Quote: "The company said the phase represents a total investment of more than €1 billion ($1.2 billion), including associated infrastructure and a self-consumption PV plant."
"Moeve has approved a final investment decision for a 300 MW project in Spain."
"Moeve holds a 51% majority stake in the project, which also includes Masdar and Enalter."
"Moeve holds a 51% majority stake in the project, which also includes Masdar and Enalter."
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