The 9REN Group recently closed on a funding lease from UniCredit Leasing that will go towards the financing of the Pacione 1 PV power plant. The Italian PV plant, located in the Taranto province, is complete and holds a 6.5MW capacity. Grid connection is expected to occur in the next few weeks.
The Pacione plant brings 9REN’s portfolio for operational solar systems to 50.6MW; 35.6MW being located in Italy and 15MW located in Spain.