Pacifico expands Italian solar park portfolio
18 / 10 / 17
Pacifico expands its portfolio in Italy with the acquisition of another solar plant.
The plant has a total capacity of 1 MW and is located in the province of Lecce in the sunny south of Italy. Following the successful entry into the Italian market in April this year, this is already the second purchase within a few months.
The plant, consisting of XGroup modules, was originally connected to the grid in 2010 and has delivered constant yields since then. Through additional refurbishment measures and module replacements, the performance of the system could be improved further. In combination with the attractive feed-in tariff and high irradiation values, Pacifico expects high long-term yields from the new plant.
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.