Mytilineos announced the acquisition of a 50 MW photovoltaic project in Spain (Jaen photovoltaic project) by Viridi RE on Monday. The project is located in Southeastern Spain and in particular in the Municipality of Jaén (Andalusia), an area with significant sunshine. It is ready for construction, which is planned for the first quarter of 2021. The photovoltaic project will be connected to the high-voltage Endesa substation. This project is part of Mytilineos' renewable energy development strategy in Europe and is part of a wider range of projects in the country. Nikos Papapetrou, General Manager of the Renewable Energy and Energy Storage (RSD) Sector, said: "We are very pleased with this new project in Spain, as it is an important milestone in our development in the Iberian Peninsula and Europe. We are also pleased to be working with a professional project development company such as Viridi RE and we are confident that we will share even greater successes in the future."