9REN closes on €21.5 million financing for 6.5MW Italian PV plant

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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.

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