TerniEnergia inks the closure pact of 4 PV plants for 4.1 mn euros
Category: #energy-and-environment  By Saipriya Iyer  Date: 2019-12-24
  • share
  • Twitter
  • Facebook
  • LinkedIn
TerniEnergia inks the closure pact of 4 PV plants for 4.1 mn euros
  • The energy solution provider is likely to close the sales pact of 4 of its photovoltaic plants for a financial deal of 4.1 million euros.
     
  • The capacity of these plants is claimed to be around 4 megawatts.

One of Italy’s energy solutions and service providers, TerniEnergia has reportedly announced the completion of sales of 4 of its photovoltaic plants to Mareccio Energia S.r.l. For the records, Mareccio Energia S.r.l is a platform created for the aggregation of assets in the state of Italy.

Apparently, the four plants, which were represented in the second tranche of a larger portfolio of 22 solar plants were closed for the sale during this tranche. The combined capacity of these plants was listed to be over 19.3 megawatts. The capacity of the plants to be sold is estimated to be around 4 megawatts.

Credible sources have claimed that the plants involved in the transaction were sold to one of the vehicle companies of the region, Italia T1 Roncolo, that is supposedly led by the investment firm Mareccio Energia.  

Estimates claim that the transaction value of the deal is somewhere around euro 4.1 million. However, the net collection for the holding company, TerniEnergia would be approximately equal to 3.6 million euro, to be paid in cash.

According to the reports, the acquisition pact was inked after the successful installation of all the 4 PV plants including, TE NC Apollosa S.r.l, TE NC Chieuti S.r.l, TE NC Fratta4 S.r.l, and EA NC Marsciano S.r.l. Out of these, the Apollosa, Fratta4, and Chieuti are owned by TerniEnergia itself whilst the Marsciano plant is a property of EnergiaAlternativa.

Moreover, the financial debt buyers are anticipating the transaction deal to value Euro 6.5 million.

In line with this, the sales of Guglionesi S.r.l, an owner of 2 PV plants of about 1 megawatts of capacity ids expected to conclude anytime soon, as is reported by the official sources.

Source credit: https://www.pv-magazine.com/press-releases/ternienergia-signed-the-closing-for-the-sale-of-4-photovoltaic-plants-for-a-total-price-of-euro-4-1-million/

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Saipriya Iyer

Saipriya Iyer    

Saipriya Iyer currently works as a content developer for GroundAlerts. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had previous experience of 3 years under her belt, she has dabbled with website ...

Read More >>

More News By Saipriya Iyer

GE and Uniper team up to decarbonize gas-fired Uniper power plants
GE and Uniper team up to decarbonize gas-fired Uniper power plants
By Saipriya Iyer

Uniper, a renowned Germany-based global energy company, and General Electric (GE), the renowned US based conglomerate, have reportedly announced a new long-term partnership deal to decarbonize Uniper’s natural gas storage facilities and gas-fir...

Unirac announces acquisition of solar racking firm Ecolibrium Solar
Unirac announces acquisition of solar racking firm Ecolibrium Solar
By Saipriya Iyer

North American solar mounting systems provider, Unirac has recently announced that it has completed the acquisition of Ohio-based solar racking company, Ecolibrium Solar. According to reports, this purchase would broaden Unirac’s product offeri...

Atos takes quantum simulator to the next level with Atos QLM E
Atos takes quantum simulator to the next level with Atos QLM E
By Saipriya Iyer

Atos, one of the leading companies in digital transformation, has reportedly expanded its quantum solutions portfolio by offering Atos QLM E (Atos QLM Enhanced), the world’s best performing commercially available quantum simulator, with a new r...