European solar comes of PPAge

From scorching Seville to rainy Rostock, investors claim that power purchase agreements (PPAs) have made European solar farms bankable without government subsidies. By providing lower risk for cheaper capital, they are powering a renaissance in established PV markets and lowering the cost of solar electricity in Europe.

Issue 04-2019

The Ourika PV plant in Portugal was acquired in late 2018 by Allianz Capital Partners, and a PPA with offtaker Audax Renovables was bundled into the purchase.

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