They were installed by ABB, and are comprised of polycrystalline photovoltaic modules from Yingli, which are mounted on SunPower single axis trackers with Bonfiglioli inverters.
The financial sum invested in the project was not disclosed. However, it was said that 80 percent of the financing came from a syndicate of banks, including Natixis, WestLB and Mediocreval, in the form of a 18-year, non-recourse loan.
Marco Northland, Etrion’s CEO, commented, "We completed the Helios ITA-3 parks ahead of schedule and under budget thanks to the hard work of our superb local team, our contractors and the local utility, Enel.
"Etrion now has a fully-funded, operational solar portfolio of 60 MW in Italy with significant cash flow. We continue to review opportunities for growth in Italy and abroad."
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