Saturday, March 19, 2011

Solaria Receives Financing for 8 MW PV Plant in Italy

Solaria Energia y Medio Ambiente SA says that Banca Infrastrutture Innovazione e Sviluppo, an Intesa San Paolo company, has agreed to provide 24 million euros in financing for the company's 8 MW Lazio solar project in Italy.

This ground-mounted solar plant is located in the vicinity of Orte (Viterbo, Venusia, Italy). It is owned by Solaria Aleph Generation FCR, which is 50% owned by Solaria Energia Y Medio Ambiente.

SOURCE: Solaria

Views:   What makes this noteworthy is that many investors looking at putting money into Italian solar PV projects are sitting on the sideline waiting for the new FIT guidelines to be issued.  

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