Origis Energy concludes sale of 41 MW Italian and Slovakian solar portfolio

Origis Energy has completed the sale of a 41 MW ground-mounted solar PV portfolio to ForVEI II, the Joint Venture between VEI Green and Foresight Group LLP.

The 41 MW portfolio comprises 34 ground-mounted solar PV projects located in Italy totalling 37 MW and one ground-mounted solar plant of 4 MW in Slovakia. The solar plants have been fully operational since 2010 – 2011 and are remunerated under a long-term Feed in Tariff scheme awarded by the GSE.

The financial details relating to the transaction remain undisclosed.

Origis Energy was advised by Greentech Capital Advisors on the transaction.