Allianz announced their recent acquisition of six solar parks, each up to 1MWp, from manufacturer, developer, constructor and operator BP Solar Italy. The solar parks are located in the Brindisi and Mesagne municipalities of the Puglia region in Italy. Operating since the end of 2009, the solar parks use BP Solar’s mono- and poly-crystalline panels on a fixed installation.
David Jones, CEO of Allianz Specialised Investments, said: “We are very pleased to have made our first solar park investment. The solar industry is of strategic importance to us and we are keen to build on this initial success and develop our portfolio in Italy and across other key European markets.”
Two additional 1MWp solar parks are still in construction. Once completed, they will be purchased by Allianz under the agreement with BP Solar.