Global Infrastructure SherpaSolaria and Merlin Properties Sign Hybrid Solar-BESS PPA for Second Madrid Data Centre (426 MW Solar, 600 MWh Storage)
426 MW
Capacity
development
Stage
Merlin Properties Second Data Centre Energy Supply
Project
Solaria Energía y Medio Ambiente has signed its second strategic agreement with Merlin Properties to supply energy to Merlin's data centres in the Community of Madrid. The deal encompasses a 40-year power purchase agreement (PPA) for 426 MW of photovoltaic generation and a 10-year contract for 600 M...
Counterparts (2)
Deal Analysis
Solaria Energía y Medio Ambiente has secured a landmark hybrid Power Purchase Agreement (PPA) with Merlin Properties to supply energy to its second data centre in Madrid. This 40-year PPA for 426 MW of photovoltaic generation, coupled with a 10-year contract for 600 MWh of battery energy storage systems (BESS), marks the first such integrated renewable generation and storage PPA in the Spanish mar...
- First hybrid solar-BESS PPA in the Spanish market.
- Long-term commitment: 40-year solar PPA, 10-year BESS contract.
- Large scale: 426 MW solar PV and 600 MWh battery storage.
- Addresses growing data centre energy demand with firm, flexible, and stable power.
- Reinforces Solaria's strategy as an integrated energy and digital infrastructure operator.
Timeline
Announced
Feb 26, 2026
Signed
Feb 26, 2026
Closed