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Acquisition of Italian photovoltaic portfolio with 2 MWp

1. July 2018

Pacifico acquires two photovoltaic systems, each with 1 MWp, from Dutch solar system manufacturer AIDE Energy Europe B.V. The systems, which were connected to the grid in 2011, have long-term feed-in contracts with fixed remuneration. They are located in the province of Basilicata in the sunny south of Italy. Due to the high irradiation, this area is predestined for solar power generation. “Thanks to the high full load hours, we can guarantee our investors reliable long-term yields,” says Ulf Oesterlin, Managing Director of Pacifico.

The purchase represents a continuation of the company’s intensified activities on the Italian market. In addition to the advantages of attractive solar locations, this strategy offers an opportunity to further diversify the company’s growing portfolio.

Pacifico Energy Partners GmbH (“Pacifico”) is a Munich-based investment company specializing in operative photovoltaic and wind farms. Its investment approach thus focuses on safe assets in existing and proven technologies with low risk.

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