SunEdison Secures Financing For 12 PV Plants In Italy

SunEdison, a division of MEMC Electronic Materials Inc., plans to complete 12 1 MW solar energy plants in the province of Lecce, Apulia, in Italy. The company has also announced a 47 million euro financing deal with Norddeutsche Landesbank Girozentale, based in Germany.

Seven of the Lecce plants are already fully operational and were grid-connected and sold in the first quarter of this year. The other five plants are under construction and expected to be completed and operational by the third quarter, SunEdison says.

SOURCE: SunEdison

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