Ardian obtains 100MW PV pipe

• The portfolio, sold by Atlas as well as Heron Advisory, consists of three solar projects in Sardinia

Ardian has actually completed the acquisition of a 100MW PV pipe in Italy through Ardian Clean Energy Evergreen Fund (ACEEF), which it launched in April.

The portfolio, sold by Atlas and also Heron Advisory, includes 3 photovoltaic projects in Sardinia.

ACEEF has currently obtained control of the projects as well as complete financial investment will certainly be finished upon acquiring all the needed authorisations.

The 3 photovoltaic or pv projects aim to qualify as agro-voltaic by combining existing farming and also sheep farming tasks with tidy solar energy manufacturing.

These assets sign up with the Fund's existing portfolio, which now includes 13 business possessing wind and photovoltaic or pv assets with more than 1GW renewable capacity in Europe and also the Americas.

This purchase likewise enables ACEEF to consolidate its presence in Italy.

Following this purchase, the fund has a diversified portfolio of wind and photovoltaic assets in Italy, completing 283MW of capacity.

This includes the Energia & Servizi portfolio, which was been gotten in 2022 as well as consists of 84MW wind farms in operation and 52MW wind projects completely accredited to be integrated in the coming years.

The Fund will remain to focus on well established renewable assets such as photovoltaic, wind as well as hydro, as well as arising modern technologies such as biogas, biomass, storage, as well as energy performance.

Head of Ardian Facilities and member of Ardian's executive committee Mathias Burghardt stated: "This investment flawlessly suits the method of the Ardian Clean Energy Evergreen Fund, which gains from Ardian's deep industrial experience, consisting of from its procedures engineers and financial investment professionals, in addition to the company's bespoke OPTA innovation.

" The deal shows once more Ardian's industrial strategy in the energy industry, as we sustain the genuine economy with lasting capital and a clear goal to increase the energy shift.

" With ACEEF, Ardian's mission is to take further responsibility for progressing as well as developing sustainable projects to fight climate adjustment as well as to add to energy freedom."