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Euronews
Euronews
Ema Gil Pires

UK firm running Portugal's largest solar plant files for insolvency

The British company Welink Energy Portugal 2 UK, which owns Solara4 — the largest solar power plant in the country — has entered insolvency proceedings, according to a report published this month by consultancy BDO and cited by Expresso.

The case concerns a large-scale project in the Algarve region with 219 MW of installed solar capacity, according to the Welink Group website.

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