Following a disappointing financial performance in 2011, COLEXON Energy to streamline its business continues. The company has sold two further solar project companies in southern Germany and Italy.
Renewagy, 55 PV installations in 29 locations in Germany with a nominal output of 4.5MW, was bought by Belgian-based solar power producer 7C Solarparken N.V. headquartered in Mechelen. Both parties have agreed to not to divulge the sale price.
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
- Regular insight and analysis of the industry’s biggest developments
- In-depth interviews with the industry’s leading figures
- Unlimited digital access to the PV Tech Power journal catalogue
- Unlimited digital access to the Photovoltaics International journal catalogue
- Access to more than 1,000 technical papers
- Discounts on Solar Media’s portfolio of events, in-person and virtual
Or continue reading this article for free
An Italian utility company bought the PV installation in Italy with a nominal output of 1MW. Antitrust approval for the transaction is expected in the coming month. Both parties have also agreed not to divulge the sale price.
Following these transactions, COLEXON maintains a portfolio of German core projects with a nominal output of 23.2MW in total, bundled in seven project companies, as well as core projects in Italy with a nominal output of 5MW in total, partially bundled in a local joint venture.