Belenergia completes sale of 65% stake in 20 MW Italian solar portfolio
Date
August 08, 2019
Type
M&A Transactions
Subtype
Transaction completed
Countries
Italy
Subsectors
Photovoltaic
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Belenergia has completed the sale of 65% equity interest in seven special purpose vehicles that own 18 photovoltaic facilities, with an overall installed capacity of circa 20 MW to ACEA Spa. The plants are eligible for Conto Energia incentives.
Watson Farley & Williams advised Belenergia in the deal.
Listed on the Italian Stock Exchange since 1999, ACEA Spa is a leading multi-utility company active in the management and development of networks and services in the water, energy and environmental sectors.
