Sunwin Energy sells 375-MWp of solar projects in Italy

Switzerland-based Sunwin Energy GmbH has agreed to sell a 375-MWp portfolio of ground-mounted solar projects in Italy to an unnamed European stock market-listed energy company.

The portfolio consists of 15 mid-stage developments each with a capacity in the range of 10 MW to 75 MW, and ready-to-build dates in the period from 2023 to 2026.

The schemes were developed by Sunwin Energy over the last years, Capcora, which acted as adviser on the transaction, said on Wednesday. The solar parks will be located in landfills, industrial sites and on agricultural land in various regions across Italy.

Sunwin Energy's managing director Lars Konersmann commented: “We are pleased to enter into this new partnership with an international and reputable player for a significant part of our 1GW-portfolio in development. The cooperation strengthens our position as an experienced greenfield developer in the dynamic Italian market. This transaction gives us the necessary financial capabilities and at the same time we keep our agility as an independent developer”.

The deal is structured as a conditional sale and purchase agreement.

Sunwin Energy, a subsidiary of Zurich-based Energie Zukunft Schweiz AG, focuses on the development of solar projects and renewable gases. With its solar business, the company is currently present in Switzerland, Italy, Spain, Germany and Romania and has also existing projects in the UK, Denmark and Hungary.

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