Candela Renewables

Naturgy Candela

Naturgy Enters US Renewables Market Along With Local Firm Candela Renewables

Renta 4 | This week could see Naturgy finalising its entrance into the US firm Candela Renewables, valued at 80-100 million dollars, according to Reuters. This is a platform for the development of renewable projects, founded in 2018 by former employees of First Solar and Nextlight, and which has launched 26 projects to date. In the absence of further details on the possible operation, we would favourably consider the entry into the US market on a quality basis.