Relevant sources said that the investments are aimed at financing the upcoming expansions of Ignis Energy, which include launching a platform with a capacity of approximately 500 megawatts. Last June, Vortex Energy made a capital investment of €222m in Ignis, as part of its commitment to the terms of cooperation between the two companies, which began last year. The sources pointed out that Vortex Energy has invested about €300m so far in the capital of Ignis. Karim Moussa, CEO of Vortex Energy, said that Ignis has made exceptional achievements during the short period, despite the fluctuations in the markets during the current stage. She stressed Vortex Energy's commitment to continue supporting Ignis' management in building independent, integrated international renewable energy plants in Spain and other countries of the world.
