Enerparc offloads 193MW Oz solar portfolio

• Ingka Group is buying 2 functional PV parks and a 180MW project in NSW

Enerparc has actually unloaded its 193MW Australian solar portfolio to Ingka Investments, the financial investment arm of Ingka Group.

The portfolio makes up three ground-mounted projects found in New South Wales, consisting of two operational solar PV sites in Peak Hill as well as Trundle, near Parkes, with a cumulative capability of 13.3 MW, and also a 3rd 180MW solar PV plant under growth.

The project is anticipated to begin creating electrical power at the end of 2025.

The Enerparc team is developing additionally sites in Australia, which remain in different stages of maturation.

Together with establishing its international IPP portfolio, the sale of growths in this nation is gaining substantial relevance for Enerparc.

" This sale is a testament to the effort of our specialized group as well as the quality of our projects, as well as we are delighted to see the positive effect of this partnership on the nation's shift to renewable resource," claimed handling supervisor of Enerparc Australia Benjamin Hannig.

" We stay committed to supplying cutting-edge and also lasting power services in Australia as well as eagerly anticipate progressing more projects of our pipe in the future."

Enerparc was encouraged by Osborne Clarke as lawful advisor as well as UL as technological consultant while Capcora acted as sell-side M&An advisor.