Pacifico enters Czech PV-Market
31 / 07 / 19
In June, Pacifico successfully closed its first acquisitions in the Czech PV market, diversifying it’s European renewable portfolio.
A total of 4 PV power plants were acquired in two separate transactions within a few days. The plants are situated at locations with high solar irradiation and can thereby reach more than 1000 full-load hours per year.
The combined capacity of the portfolio is 7.5 MW, generating enough clean electricity to power more than 4000 households. The parks are in an impeccable technical condition and receive compensation via the Czech feed-in tariff, making the transaction a successful entry into yet another European market.
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.