Project Finance Brief: Renewable Japan Raises $92.4 Million for a 25.76 MW Solar Project

Etrion Corporation enters an agreement to sell 38 MW of operating solar projects to a Japanese consortium for $74.5 million

April 5, 2021

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ReneSola, a fully integrated solar project developer, announced that it closed the sale of a portfolio of projects totaling 12.3 MW in Hungary to Obton, an investment firm. The portfolio comprises 20 solar projects in five locations, including Sarbogard, Komlod, Szajol, Lukacshaza, and Torokszentmiklos, with a combined capacity, which was successfully connected to the grid in 2020, are now in operation and are qualified under the Hungarian 25-year KAT feed-in tariff scheme.

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