The plant is located in the Italian vicinity of Orte (Viterbo, Lazio)
The financing bank was Banca Infrastrutture Innovazione e Sviluppo, an Intesa San Paolo company through a Project finance facility
Madrid, 17 March, 2011
Solaria Energía Medio Ambiente, S.A. announced that Banca Infrastrutture Innovazione e Sviluppo, an Intesa San Paolo company has financed its solar PV plant “Lazio 8 MWp” raising 24 million through a Project finance facility.
This ground solar plant belonging to Solaria Aleph Generation F.C.R, 50% owned by Solaria Energia Y Medio Ambiente, is located in the vicinity of Orte (Viterbo, Venusia, Italy).
Solaria continues to strengthen its presence in the Italian market following the agreements reached in the last year for the supply of 7.5 MWp in the region of Veneto and more recently in Sardinia with a 5.8 MW capacity.
The companys strategy for 2011 in the Italian market will focus on brand positioning, strengthening long-term partnerships with distributors, search for framework agreements that allow the development and construction of solar PV energy projects especially for rooftop installations at both domestic and industrial level, power generation and development of operation and maintenance activities.