Valenciaport awards Five NUO and UCO Trading a renewable fuels plant at the Port of Sagunto
The Port Authority of Valencia has awarded the Five NUO and UCO Trading joint venture a concession to build a renewable fuels plant on South Wharf 2 at the Port of Sagunto.
The facility will occupy almost three hectares — about 27,800 square metres — on south wharf 2, with a planned investment of 20 million euros, and is set to become another piece of the port's shift towards decarbonisation. The deal fits Valenciaport's Net Zero Emissions strategy, which aims to decarbonise its three ports — Valencia, Sagunto and Gandía — through wharf electrification and the deployment of renewable energy (valenciaport.com). The port complex, which moved 80 million tonnes of cargo and 5.6 million TEUs in 2024, is reinforcing the energy profile of the Sagunto site, already shaped by the arrival of PowerCo's battery gigafactory. For Puerto de Sagunto (coastal industrial district), the project adds to other recent tenders — such as the 15,000-square-metre logistics plot next to Volkswagen — that strengthen the wharf as an industrial and energy hub on Spain's Mediterranean coast. According to Valencia Plaza.