SunPower Finalizes Sale Of 44 MW Photovoltaic Plant

SunPower Corp. has completed the sale of its 44 MW Montalto di Castro solar park to a consortium of international investors that include MetLife, Fondo PPP Italia (managed by Fondaco SGR SPA and advised by Equiter SPA) and Voigt & Collegen (with its funds SolEs 22 and SolEs 23).

SunPower designed and built the solar power plant and will provide ongoing operations and maintenance services for the new owners. Barclays Capital advised MetLife on this transaction. The Montalto di Castro solar park is located in the Lazio region of Italy near Rome.

SOURCE: SunPower Corp.

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