Colexon sells 3 Italian solar plants

The sale comprises the solar power parks Leo (998 kWp), Corvo (997 kWp), and Valle (997 kWp). The projects were developed and built turnkey by Colexon Italia s.r.l. It reportedly represents the largest order volume for the company in the Italian market to date. ? ?

Furthermore, the company says it has realized three solar power plants with a total output of almost three megawatts peak for its own portfolio, in cooperation with an unidentified Italian partner. Consequently, Italy represented its most important international market in 2010. This year, Colexon says it plans to realize further plants for its own portfolio, as well as for external investors this year.

New CEO

In other news, the company announced it has appointed Volker Hars, former COO of the company, as the new CEO. At the same time, Thorsten Preugschas has ceased to be a member of the Management Board.??

Over the last 12 months, Hars was responsible for developing the overall strategy of the company, in particular on the IPP segment with a focus on Italy. Consequently, Tobias Friedrich, authorized signatory of the company, will assume the overall responsibility for the "Project" sales unit.?