Project Finance Brief: Luxcara Acquires a 172 MW Solar Project in Germany from BELECTRIC
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German renewable-energy company Luxcara has acquired a 172 MW solar project being developed in Germany from BELECTRIC. Luxcara has selected BELECTRIC to build and operate the project. BELECTRIC will start constructing the project in the municipalities of Tramm and Lewitzrand in the state of Mecklenburg-Western Pomerania before the end of this year and slated for completion by 2021. The solar project will produce enough green electricity to supply the equivalent of around 50,000 homes annually.
