Poland's Columbus Energy to acquire some 22 MW of solar projects

• Polish photovoltaics (PV) installer Columbus Energy SA today stated it has actually authorized 2 contracts to buy 22 solar projects, each with a capability of concerning 1 MW.

The projects remain in beginning of development, according to the declaration. The business will certainly pay a total of EUR 138,947 (USD 163,590) for all of them, agreeing to make the second instalment once the projects are handed over.

The agreements are effective as of October 12.

The bargain belongs to a bigger offer, which Columbus Energy sent in September, to get special objective automobiles (SPVs) holding 87 projects with an integrated capability of 184 MWp. Among them, just 3 projects are for massive installations, while the remainder target ability of up to 1 MWp each, Columbus Energy then stated.

At the end of last month, the company authorized the very first contract under the offer. It prepared to obtain SPVs holding about 21.7 MW of solar projects.