B Capital Partners acquires 10-MW solar park in Germany
- Swiss sustainable infrastructure investment company B Capital Partners AG has obtained the Reuth solar park of 10 MW which is currently being constructed by project designer Green City AG in the German state of Bavaria.
The possession was obtained for the B Capital Energy Transition Infrastructure SICAV-SIF fund, the buyer stated on Thursday.
Building of the photovoltaic or pv plant started in July and is expected to be completed within 4 months with appointing prepared for the beginning of December. The power produced by the park will supply 3,500 houses.
The solar park was established by Green City which has four more solar plant projects to be constructed in 2021.
This is the 3rd possession to be obtained by the Swiss financier from Green City after the acquisition of two wind farms.
Munich-based Green City develops as well as builds wind, hydro and solar plants in Germany, France, Italy and also Spain. It has actually finished 356 renewable energy systems with an overall ability of 248 MW and has an additional 800 MW in its project pipeline.
