Located in the region of Castilla La Mancha, the 104.5MW wind farm is equipped with 19 GE wind turbines.
The facility has the potential to generate 300GWh of clean energy a year, which is enough to power 100,000 households in the region.
Plenitude collaborated with Azora Capital, its strategic partner in Spain, to develop the El Monte project.
Azora Capital had previously been involved with the Eni subsidiary in developing solar photovoltaic (PV) and wind projects in the country.
Plenitude CEO Stefano Goberti said: “El Monte wind farm will contribute to the gradual decarbonization of the electricity sector in Spain, contributing to the energy transition process undertaken by Eni and to Plenitude’s ambitious goals of achieving carbon neutrality by 2040 and supplying 100% decarbonised energy to all its customers.
“The development of the wind and photovoltaic sectors is key to Plenitude’s growth strategy, which aims to reach more than 2GW of installed capacity from renewable sources by the end of 2022, scaling up to over 6GW by 2025 and over 15GW by 2030.”
In addition to promoting direct and indirect local job creation, the El Monte project has increased Plenitude’s renewable energy generation capacity in Spain.
Plenitude is also active in the Spanish energy and gas sales market for household customers, as well as small, medium-sized and large enterprises.
Under this partnership, Plenitude acquired a 65% stake in Infrastrutture’s subsidiary Hergo Renewables, which has a 1.5GW project portfolio across the two countries.
The first solar photovoltaic plant developed by the two companies will be located in Italy’s Montalto di Castro region and have 37MW of capacity.