Italian solar firm Aion Renewables has signed a preliminary agreement to sell 30MW of PV projects to Luxembourg-based Avelos. Aion Renewables is a specialist in the design, engineering, manufacturing and installation of PV systems.
As part of the agreement, Aion Renewables will sell 30 PV projects which have a total capacity of 30MW to Avelos. The transaction, which was approved by the board of directors on September 5, has an approximate value of €47.5 million.
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