LONDON, July 30 (Reuters) - Spanish-based renewable energy investor Capital Energy has hired Lazard to sell a portfolio of 4.3 gigawatts (GW) of onshore wind and solar power plants in Spain, according to the sale of documents seen by Reuters.
Capital Energy and Lazard declined to comment.
One gigawatt of power is roughly equivalent to the average production from one nuclear plant, although renewable power is intermittent.
According to the materials distributed by Lazard, the sale includes a team of 45 employees of Capital Energy.
Currently, Capital Energy employs 355 people and holds a renewable portfolio of 25 GW, out of which 10 GW are in advanced development with granted access to the Spanish power network.
Persons:
Lazard, Andres Gonzalez, David Evans
Organizations:
Capital Energy, Reuters, Lazard, Thomson
Locations:
Spain, Spanish