European Energy flush for 121MW Italian solar

Aug 7, 2020 02:55 PM ET
  • The EUR96.5 m from French economic solutions outfit Natixis is for a PV complicated in the Apulian region
European Energy flush for 121MW Italian solar
Image: European Solar

European Energy has safeguarded financing for solar ranches with an integrated capacity over 121MW in France.

The EUR96.5 m from French financial services equip Natixis is for a PV complicated in the Apulian area that is split into three sections.

Section A is 63MW and also has actually been running since November 2019, 40MW section B achieved grid parity in June this year, while the third 18.5 MW component is arranged for conclusion in October.

European Energy founder as well as president Knud Erik Andersen claimed: "We are extremely delighted to have currently safeguarded this vital financing of our Apulian solar farms, and we value Natixis' continual assistance.

" Italy is just one of our major markets, as we can couple the climate conditions and warm days with cutting side solar modern technology.

" We stand ready to invest greatly in similar Italian projects over the following five years."

European Energy Italian nation supervisor Alessandro Migliorini claimed: "The existing contract is an additional recognition of our proficiency in developing renewable energy projects.

" Our method is to construct last generation wind and also solar plants with reducing edge innovation and market oriented.

" I more than happy that our projects are attractive not only to customers like, ie, utilities as well as markets yet likewise to financiers as well as economic drivers."