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TerniEnergia closes sale of 4.1 MW of Italian solar plants
TerniEnergia SpA (BIT:TER) has completed the divestment of four Italian solar power parks with a combined capacity of 4.1 MW to Mareccio Energia Srl in partnership with LCF Alliance.
The four assets represent the second tranche of a larger portfolio of 22 solar parks with a combined capacity of 19.3 MW that TerniEnergia in June agreed to sell to Mareccio Energia. The 4 MW of assets were offloaded for a cash amount of EUR 4.1m (USD 4.5m), of which TerniEnergia will get EUR 3.6 million net, the Italian firm, part of Italieaf Group, said on Monday.
The transaction includes the assumption of financial debt related to the power plants totalling EUR 6.5 million.
The sale was carried out as part of TerniEnergia's Recovery and Relaunch plan for 2018-2022, aimed at restoring the financial and equity balance of the company.
Dec 23, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Italy, Europe, TerniEnergia SpA, LCF Alliance, Mareccio Energia Srl
Tunisia announces grid-connection of its first solar park
STEG kicked off the tender for the project in 2014. Italian solar developer TerniEnergia, won the €12.5 million EPC contract for the project in March 2017.
Aug 9, 2019 // Plants, Large-Scale, Commercial, STEG, Tozeur, Tunisia, KFW, Plan Solaire Tunisien, Youssef Chahed
Largest solar power stations in South Africa
ha
2016
Owned by Enel Green Power.
TerniEnergia, Enel Green Power
Boshoff Solar Park
map
Free
May 13, 2026
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