Edisun Power Shifts Focus to AI with Renewable Energy

Edisun Power Europe AG plans to utilize its "Fuencarral" solar plant near Madrid to power data centers with renewable energy. This strategic shift aims to meet the growing energy demands of AI applications and comply with European regulations on low-emission data centers. The plant boasts 941 MWp capacity and essential permits, positioning it to supply solar power efficiently.

Edisun is acquiring more development rights from Smartenergy to bolster this initiative. In exchange, it is selling its Italian project portfolio totaling 159 MWp. The move aims to attract investors including infrastructure funds, private equity, and data center operators.

If financing challenges arise, Smartenergy will repurchase the "Fuencarral" plant, mitigating Edisun's risks. The details of these transactions will be published in the annual report on March 28, 2025.