REC and ABB building 24 MW Italian solar plant


The two companies, which have formed a temporary EPC consortium, received all the required authorizations in March 2010, and closed financing early last month. When complete, the plant will reportedly cover around 95 hectares and comprise 100,000 REC solar modules.

In relation to the financing, a leasing structure is in place, which was provided by Unicredit Leasing (Unicredit Group), Leasint (Banca Intesa Group) and BNP Paribas Leasing Solutions (BNP Paribas). The future equity owners reportedly include CEF Energia B.V., a BNP Paribas Fund with a 70 percent stake, and MedEnergy Group with a 30 percent stake.

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact:


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.