February 4 (Renewables Now) – German non-public financial institution Berenberg mentioned in the present day that it’s investing in 128 MWp of solar energy in Chile and Italy alongside two companions.
The financial institution teamed up with Vienna-based PV specialist CCE Holding to accumulate and construct the 41-MWp Montalto di Castro photo voltaic mission in Lazio, Italy, and purchase the operational 87-MWp La Huella solar farm in Chile’s Atacama Desert.
CCE Holding developed and constructed the La Huella mission, which its shareholder, German entity Arzteversorgung Thuringen, totally financed, Berenberg mentioned.
Montalto di Castro, which shall be divided into two sub-parks, is a shovel-ready mission. Its building is because of begin within the first quarter of 2022 and finalise in mid-2023, Berenberg mentioned.
The German financial institution will finance each transactions by way of the Berenberg Inexperienced Power Junior Debt Funds II and III along with CCE Holding and Arzteversorgung Thuringen, it mentioned.
CCE Holding is the three way partnership (JV) of Austria-based renewables investor Clear Capital Power, German vitality investor Enernovum and Arzteversorgung Thuringen.