In June 2010, Statkraft decided that it would begin to solely focus its business on hydropower, wind power, gas power and district heating and in keeping with its decision, it has sold its Casale solar park to two Italian investors: Eurowood and Blue Stream Resources. All shares of the 3.3MWp solar park, which was owned by Statkraft’s RA1 company, have been signed and closed and are now equally owned between the two Italian companies.
“The Casale solar park is a first class set-up in the photovoltaic sector. This is a mile stone for our commitment in the renewable energy which has already started with smaller scale units. The transaction has been possible with the backup on Unicredit Leasing & Bank, Udine Branch Italy,” says Giovanni Dorbolò, vice president of Eurowood and Walter Ballandino, director of Blue Stream Resources.
The solar park opened in March 2010 and is located south of Rome, Italy generating 4.5GWh per year. All parties declined to reveal the sales price.