NextEnergy Capital acquires an 8 photovoltaic plant portfolio in Southern Italy
EOS assisted NextEnergy in the evaluation of the asset technical characteristics, performing the Technical Due Diligence activities both through document controls and by site inspections and test campaigns.
November 10, 2017
Next Energy Solar Fund Ltd. – a primary investment fund in the solar industry – announced it has signed a Purchase Agreement with Sharing Platina Energy Partners for the acquisition of photovoltaic portfolio “Kairos”, for a total capacity of 34.5 MW. The portfolio consists of 8 ground-based plants located in the Campania and Puglia Regions, in operation since 2011. With this acquisition, NextEnergy invests in 58 photovoltaic plants across Europe, for a power of 539 MW and an investment value of over 700 M£.
The aim of analysis conducted by EOS was to provide an overall estimate of the investment feasibility by verifying the compliance of works with the authorization papers and the requirements for maintaining incentives, also in virtue of recent regulatory references. The technical monitoring, moreover, was conducted in order to determine the current state of the plants and components, identifying any points of attention and tracing one probabilistic scenario producibility. Finally, technical and economic assumptions of operating and management costs were identified for the correct structuring of the Base Case.
Octopus Investments, one of the leading investors in the European photovoltaic sector, completed the refinancing of a 5 photovoltaic plants portfolio located in Montalto di Castro in Lazio, for a total capacity of 64 MW.
Amplio Energy and LumX, leading European investment funds in the renewable energy sector, reached financial closing of a refinancing operation for a 40 photovoltaic plants portfolio in different Italian regions, with a total capacity of about 31 MW.
EOS assisted ASI in assessing the portfolios technical aspects, performing Technical Due Diligence activities related to the current operational state of the asset, as well as verifying the correct project and document design setting for project authorizations and procedures for access to incentive rates.
EOS is supporting Tre Solar srl, which is an Italian company controlled by Ardian and operating within the renewable energy field, in scanning the market for purchasing new wind projects ready to build.
Tages Helios – an investments fund specialized in the Italian photovoltaic sector, has successfully completed a major refinancing operation of a portfolio consisting of 9 photovoltaic plants in Italy, for an installed power of approximately 100 MW.
Helexia, a French Company active in the development of large photovoltaic roofing systems, has promoted and completed the financing of a 13 photovoltaic plants portfolio, built on the roofs of commercial buildings by Leroy Merlin and Auchan, located in Italy.