Project Finance Brief: Abu Dhabi’s 2 GW Solar Project Achieves Financial Closure

Mytilineos acquires a 110 MW solar project in Australia

December 28, 2020

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ReneSola Power, a solar project developer, entered into an agreement to sell two ground-mounted solar projects in Romania with a combined capacity of 15.4 MW to Alternus Energy Group, an independent power producer. The two ground-mounted solar projects include 9.4 MW solar project located in the municipality of Costestii din Vale in Dambovita county, operated by Ecosfer Energy, and a 6 MW solar project located in the municipality of Dumbrava in Prahova county, operated by Lucas Est SRL. Both Ecosfer Energy and Lucas Est SRL are special purpose vehicles (SPVs) set up to manage the construction and operation of the solar projects.

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