CCE-Enernovum JV offers project legal rights to 254-MW of solar in Italy

• Austria-based solar developer CCE Group GmbH as well as its German peer Enernovum GmbH & Co KG, with their joint venture (JV), have actually marketed rights to 254 MW of PV projects in Italy, CCE has announced.

The buyer is a "popular European investor" in facilities projects, the Austrian company stated, including that monetary terms are being kept private under a mutual agreement in between the celebrations.

The unrevealed capitalist acquired a portfolio of ten solar PV projects. CCE and Enernovum are handling the advancement in residence up until the projects prepare to be realised, CCE included.

No other details were disclosed.

In October, the CCE-Enernovum JV secured a financing from loan provider Kommunalkredit Austria AG to support the development of 14 PV projects totalling 600 MW in Italy. The funding, which CCE later on exposed to amount to EUR 12 million (USD 13.5 m), was to be made use of to money the allowing procedure for the portfolio, the lending institution's expert claimed at the time.