EAM Targets PV projects in Italy after successful Initial Public Offering with a shareholder base of leading Scandinavian institutional investors, EAM is now well positioned to acquire large scale PV plants in operation and portfolios.
Initial focus will be on Italy, with France and UK as secondary markets says Oystein Kvarme, Partner at EAM Solar Park Management and Head of Acquisitions and Industrial Partnerships.
EAM is the first listed company with focus on PV plants in operation, without taking project development or construction risk. EAM will own and operate PV plants for a duration of 20 years or longer. Initially a portfolio will be built from operating assets under Feed In Tariff regime, but the company intends to become a significant player in the Grid Parity market.
In this context EAM is now in the process of establishing industrial partnerships with leading EPCs. EAM make PV plants an investable asset class for institutional investors by providing a listed and tradable instrument, considering also to introduce rated instruments and bonds. Once new projects are identified and project rights secured, EAM plans to issue new share offerings on a regular basis to its shareholders.
For further information, please contact: Oystein Kvarme, Partner EAM Solar Park Management, phone +47 918 45 435 email ok@eamsolar.no www.eamsolar.no
