Viridis Energia – Victoria Project

Italy
2019

Technical Due Diligence for refinancing for a portfolio of n. 12 PV plants for a total power of about 18 MW

The Project
Viridis Energia, Independent Power Producer with a consolidated track record in the construction and management of renewable source plants, has successfully completed a refinancing operation for a portfolio consisting of 12 plants, with a total capacity of 18 MW, located in the Emilia-Romagna and Marche regions. Banca Unicredit SpA acted as Lender in the transaction in question.

Activity
#Technical Advisory _ As a Technical Advisor, EOS Consulting conducted the Due Diligence activities in favor of Unicredit, in order to investigate the technical characteristics of the initiative, identify the technical-economic assumptions for the definition of the refinancing base and indicate any risks project to consider in structuring investment. This activity was carried out by crossing the verifications resulting from the project documentation and authorization, from the analysis of the historical performance of the plants from the entry into operation, and from the evidence of inspection, as per inspection visits conducted on each site. The structure of the main project contracts (O&M, Asset Management, Security, PPA) was also the subject of a dedicated focus, such as to represent the operational panorama of the plants during their useful life.