italy

International PV developer Sonnedix has acquired a 21.6MW solar portfolio comprising five ground-mount projects in Italy from private equity firm First Reserve.

Ultor, a 50:50 joint venture between Enel Green Power and Fondo Italiano per le Infrastrutture (F2i), has signed an agreement to purchase the 60MW Italian solar portfolio of Etrion Corporation.

PV plant developer Sonnedix has acquired a 11.2MW solar portfolio including three proejcts in Italy from investment firm Trading Emissions.

Private equity firm First Reserve is selling several solar plants in Italy with a combined capacity of 101MW.

UK-based solar investment fund NextEnergy Capital (NEC) is to invest more than €150 million (US$210 million) in the Italian solar market after receiving backing from the UK subsidiary of insurance and investment giant Prudential.

The 2016 instalment of the Italian trade show Solarexpo has been cancelled due to poor market conditions.

Quercus Assets Selection, an investment company focusing on renewable energy, and Swiss Life Asset Managers, have acquired Antin Solar Investments (ASI) along with its 77.1MW solar PV portfolio in Italy through a competitive bidding process.

Solar independent power producer Etrion Corp has completed a €222 million (US$236 million) refinancing of the majority of its solar parks in Italy, which includes long-term, non-recourse bank debt and project bonds.