The 105.6MW PV portfolio is comprised of 18 projects in Italy. Image: Pete Jelliffe / Flickr
Renewable energy investment company Cubico announced Friday that they have acquired a solar portfolio of 18 projects in Italy.
The portfolio, totalling 105.6MW in generation capacity, was acquired from Silver Ridge Power Italia – a joint venture between Riverstone and SunEdison.
Located in three regions across Italy (Apulia, Lazio and Sicily), the solar projects range from 1MW to 43MW and all became operational between 2010 and 2013. The portfolio stands as one of the largest solar portfolios in Italy.
The plants are owned by nine different special purpose vehicles – with most financed through project financing structures provided by four pools of banks. As a result of the acquisition, Cubico’s Italian assets now feature 21 projects with a total capacity of 205MW.
David Swindin, head of EMEA at Cubico, said: “We have a long history in Italy and this acquisition gives Cubico the opportunity to become one of the largest owners of PV in the country as well as our current wind portfolio. We are delighted to have worked with Riverstone on the acquisition and look forward to further expanding our portfolio in the country in the future.”
The present study analyses the levelized cost of electricity (LCOE) of PV utility-scale power plants in the first quarter of 2018. It compares different Jinko modules technologies and shows their future developments till 2020 based on technology and market scenarios. Speaker information: Roberto Murgioni holds a BSc in Electrical Engineering and a Masters of Renewable Energies Engineering. Roberto is responsible for the pre-sales and after-sales activities around Europe. Before Joining Jinko he held a variety of similar positions with Trina and ET solar. Prior to that he covered several roles in the engineering dept. starting in Milan and then Munich as a Project Electrical Engineer for various EPC companies, managing large PV power plant projects in EU and LATAM. If you have any questions you would like to direct to Jinko prior to the webinar, please send them through to Oliver Amos at Solar Media: email@example.com