Alantra launches €1.7b solar PV investment vehicle, 1.9GW portfolio
Investors - JANUARY 12, 2023

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Alantra launches €1.7b solar PV investment vehicle, 1.9GW portfolio

by Kali Persall

Alantra and Solarig recently launched a Southern European solar portfolio with a capacity of 1.9 gigawatts and a corresponding investment vehicle to inject €1.7 billion ($1.8 billion) into the solar energy plants.

The portfolio, which includes more than 50 plants, is located in Italy and Spain — two of the most attractive markets in photovoltaics globally — with a capacity of 30 gigawatts each. The plants are expected to reach ready-to-build status within the next 18 months and be fully operational by the end of 2025.

Swiss infrastructure asset manager Reichmuth and French asset manager Amundi Energy Transition have committed to co-invest up to €265 million ($284 million) in the €1.7 billion ($1.8 billion) investment vehicle, dubbed N-Sun Energy. The vehicle, of which €1 billion ($1.07 billion) will be debt and the remaining €700 million ($751 million) equity, was established to gradually acquire the solar plants in the portfolio. Once completed, the port

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