Infrastructure fund manager DIF Capital Partners is acquiring a majority interest in ib vogt, in a deal that is expected to fast track the solar developer’s transition towards an independent power producer (IPP) model.
Senior debt financing has been secured for the 116MWp Coara Marang solar farm being developed by Germany-headquartered ib vogt and Malaysian solar firm Coara Solar.
Ib vogt has closed a €135 million (US$160 million) commitment from an institutional investor to help it pursue a global pipeline of solar projects that exceeds 16GW.
German EPC ib vogt has announced the sale and commencement of construction of a 180MWp solar farm near Badajoz in Spain, teeing itself up for a slew of other subsidy-free developments in Southern Europe.
ib vogt has completed the Scaldia PV project, with the installation standing as the largest solar park in the Netherlands with a capacity of 54.5MW and more than 140,000 solar panels.
Germany-based company ib vogt has reached financial close over a €41 million debt facility for a 54.5MW solar plant in the Netherlands, said to be the country’s largest.
