Sunwin Power sells 375-MWp of photo voltaic initiatives in Italy

November 23 (Renewables Now) – Switzerland-based Sunwin Power GmbH has agreed to promote a 375-MWp portfolio of ground-mounted photo voltaic initiatives in Italy to an unnamed European inventory market-listed power firm.

The portfolio consists of 15 mid-stage developments every with a capability within the vary of 10 MW to 75 MW, and ready-to-build dates within the interval from 2023 to 2026.

The schemes had been developed by Sunwin Power over the past years, Capcora, which acted as adviser on the transaction, mentioned on Wednesday. The photo voltaic parks shall be situated in landfills, industrial websites and on agricultural land in varied areas throughout Italy.

Sunwin Power’s managing director Lars Konersmann commented: “We’re happy to enter into this new partnership with a global and respected participant for a major a part of our 1GW-portfolio in growth. The cooperation strengthens our place as an skilled greenfield developer within the dynamic Italian market. This transaction offers us the required monetary capabilities and on the similar time we preserve our agility as an impartial developer”.

The deal is structured as a conditional sale and buy settlement.

Sunwin Power, a subsidiary of Zurich-based Energie Zukunft Schweiz AG, focuses on the event of photo voltaic initiatives and renewable gases. With its photo voltaic enterprise, the corporate is at present current in Switzerland, Italy, Spain, Germany and Romania and has additionally current initiatives within the UK, Denmark and Hungary.

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