Project Finance Brief: Sunwin Energy Sells Solar Project Portfolio in Italy
Tion Renewables acquires energy storage project in England
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Sunwin Energy, a Switzerland-headquartered solar project developer, entered into a framework agreement with an undisclosed European public-listed energy company to develop a 375 MW solar project portfolio in Italy. The transaction was designed as a conditional sale and purchase agreement for 15 mid-stage solar photovoltaic projects, with individual project sizes ranging between 10 and 75 MW, with expected ready-to-build dates between 2023 and 2026. The financial terms of the agreement were not revealed.
