ForVEI Buys Two PV Plants From OPDE Group

Investment firm ForVEI – a joint venture whose main direct and indirect stockholders include Palladio Finanziaria SPA, Assicurazioni Generali SPA, Intesa Sanpaolo SPA, Quercus Asset Selection SARL and Foresight Solar VCT PLC – has acquired two solar PV facilities developed by Spain-based OPDE Group.

The two plants total 7.93 MW in output and were developed by OPDE Group in the Italian region of Piedmont. The transaction, financed by Intesa Sanpaolo SPA, amounted to 33 million euros.

The farms, which are fully operational, are located in Tortona (6.19 MW) and Predosa (1.74 MW). They feature Trina and Canadian Solar modules, SMA inverters and MECASOLAR single-axis solar trackers.


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