Israeli fund, Econergy, has recently acquired 7MW portfolio of PV assets from Sorgenia located across several regions of Italy.
The portfolio comprises 10 ground-mounted and rooftop PV plants.
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Milan-based investment advisory firm, Prothea, acted as technical and financial advisor to Econergy.
Alessandro Cohen, director of Prothea’s Renewable Energy Division said: “We are pleased to have been able to support Econergy once again in the development of their Italian portfolio. In such a challenging period, the ability to secure financing is confirmation of our strength and of our positioning in the market.”
Prothea said that it had advised on PV projects that had exceeded an asset value of €150 million since 2008, up from over €100 million aggregate last year.