OBJECTIVE
Private equity fund set in 2010, regulated by the CNMV that invested in the development, construction and operation of PV plants in Italy.
FUNDS
€30M committed (+€20M extension)
50% Co-investment with Solaria Energia y MedioAmbiente
ASSETS
9 PV plants in Italy
€22,3MWp in operation
STRATEGY
Invest in markets with stable regulatory framework with Feed in Tariffs schemes at different stages of development (greenfield & brownfield)
TRACK RECORD
Invested de c.€100m in 3 yrs, gearing c.80%
Shareholders IRR (20yrs) c.15%
Exit in 2013 (Multiple: c.1,7x of invested capital)
64 Solar energy green houses in Cerdegna, Italy.
Power capability: 5,8MW
Construction Year: 2010
1 Solar energy plant in Lazio, Italy.
Power capability: 8MW
Construction Year: 2011
3 Solar energy plants in Marche, Italy.
Power capability: 4,4 MW
Construction Year: 2011
4 Solar energy plants in Marche, Italy.
Power capability: 4MW
Construction Year: 2011