408 MW Awarded at Meirama: What It Means for Renewable Developers

Key data

Coventina Renewables secures the 408 MW at the Meirama node, the most relevant evacuation access in Galicia within the framework of just transition. Order TED/578/2026, published on 9 June 2026, closes the tender called in December 2024 and makes clear the ranking order among the seven admitted applicants.

For developers competing in this tender, the resolution has immediate consequences: Coventina must formalize a guarantee of €52.8 million, while the remaining participants must reconsider their grid access strategy in Galicia.

What does this regulation establish?

Order TED/578/2026 resolves the public tender called in December 2024 to assign evacuation access capacity at the Meirama 220 kV just transition node. This node is located in Galicia, in a region affected by the closure of coal facilities, and is part of the energy reindustrialization policy promoted by the Government.

Of the applications submitted, seven were admitted to the evaluation process. All 408 MW are assigned to synchronous generation modules (MGES), with no capacity granted to electrical park modules (MPE).

The result of the tender, with the score obtained by each participant, was as follows:

The final guarantee is constituted through surety insurance and amounts to €52,800,000 (€120,000/MW × 408 MW). This amount acts as a guarantee of the commitment to develop the awarded project.

Economic and operational impact

For Coventina Renewables, the award means access to one of Galicia's most strategic nodes, with capacity to develop the CHR Meirama project. However, it also implies an immediate and significant financial commitment:

• Final guarantee of €52.8 million to be deposited through surety insurance. This amount equals €120,000/MW on the 408 MW awarded.
• The capacity is entirely for synchronous generation modules (MGES), which conditions the project's technology and excludes electrical park modules (MPE).
• Project development will contribute to the energy reindustrialization of the Meirama region, an area declared as a just transition zone due to the closure of coal facilities.

For competitors who were not awarded—Field Iberia BESS, Naturgy Renewables, GNERA, Norvento and the other two applicants—the impact is the loss of access to this node within this tender framework. They must explore other grid access routes or wait for new calls.

Who does it affect?

• Coventina Renewables: direct awardee, with the obligation to deposit the guarantee and develop the CHR Meirama project.
• Field Iberia BESS, Naturgy Renewables, GNERA and Norvento: non-awarded competitors who must reconsider their grid access in Galicia.
• Renewable developers with projects in Galicia: key reference on evaluation criteria and the level of competition at just transition nodes.
• Electrical system operators: Red Eléctrica and grid managers must integrate the new capacity into transport network planning.
• Local administrations and economic agents in the Meirama region: the project drives reindustrialization of an area affected by coal closure.
• Investors and financiers of renewable projects in Spain: the resolution sets a precedent on guarantee costs (€120,000/MW) in evacuation capacity tenders.

Practical example

Coventina Renewables has obtained 408 MW of evacuation capacity at Meirama with its CHR Meirama project. To formalize the award, it must deposit a final guarantee calculated as follows:

408 MW × €120,000/MW = €52,800,000

This amount is implemented through surety insurance—not a direct treasury disbursement—but represents a real financial commitment that conditions the project's capital structure. For a developer that competed and was not awarded, such as Naturgy Renewables or Norvento, the scenario is different: there is no guarantee to deposit, but neither is there access to this node for their projects in Galicia under this call. They must evaluate whether other available nodes exist or if they will wait for future capacity calls in just transition zones.

What should companies do now?

1. Coventina Renewables: formalize the deposit of the final guarantee of €52.8 million through surety insurance, in accordance with the deadlines established in the resolution.
2. Non-awarded developers (Field Iberia BESS, Naturgy Renewables, GNERA, Norvento and others): review the tender file to learn the score obtained and the criteria that determined the award to Coventina, in order to improve future bids.
3. Developers with projects in Galicia: analyze whether other just transition nodes with available capacity exist or if new calls are planned, and adjust grid access strategy accordingly.
4. Investors and financiers: incorporate the guarantee cost of €120,000/MW as a reference in the financial modeling of projects competing in future evacuation capacity tenders in Spain.
5. Advisors and consultants in the energy sector: update risk analyses and business models for projects in just transition zones, considering the level of competition recorded (7 applicants for 408 MW) and the evaluation criteria applied.

Official source

Consult full regulation at official source

Notice: This article is for informational purposes only and does not constitute legal advice. For specific decisions, consult a qualified professional. Source: https://www.boe.es/diario_boe/txt.php?id=BOE-A-2026-12506