Sunwin markets 375MW Italian solar portfolio

Nov 25, 2022 02:48 PM ET
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Sunwin markets 375MW Italian solar portfolio
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Sunwin Energy has actually entered into a framework arrangement with a significant European energy business to market a 375MW Italian solar portfolio.

The portfolio contains 15 ground-mounted photovoltaic or pv projects ranging in between 10MW and 75MW as well as based at industrial sites, land fills as well as agro-photovoltaic projects, among others.

Their all set to construct dates are in between 2023 and also 2026.

German consulting company Capcora functioned as the special M&An expert on the bargain, with Bird as well as Bird working as a sell-side legal advisor.

" We are pleased to enter into this new partnership with a global and reputable player for a substantial part of our 1GW-portfolio in growth. The cooperation reinforces our setting as an experienced greenfield designer in the vibrant Italian market," stated managing director at Sunwin Energy Lars Konersmann.

" This deal provides us the required financial abilities and at the same time we keep our agility as an independent designer."

Capcora Director Henning Prigge included: "We rejoice to sustain this transaction in Italy underscoring our solid placement in the market. With an expected implementation of 5.1 GW in 2022 with a lion share of solar power, Italy is back amongst the leading renewable resource markets in Europe providing an excellent outlook for solar investments."

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