EF Solare Italia, a joint solar PV venture between Enel Green Power and Italian fund S2i SGR, has raised €1bn of refinancing from a consortium of lenders. The backers include the Italian branch of BNP Paribas, the Milan branches of Credit Agricole and ING Bank, along with Unicredit and Italy's state-run investment bank, Italia. The company was formed in 2015, taking ownership of 210 MW of solar assets from its partner companies. It now operates around 400 MW of PV across 14 regions of Italy, and recently acquired a local company operating a further 51.5 MW.
EF Solare Italia, a joint solar PV venture between Enel Green Power and Italian fund S2i SGR, has raised €1bn of refinancing from a consortium of lenders. The backers include the Italian branch of BNP Paribas, the Milan branches of Credit Agricole and ING Bank, along with Unicredit and Italy's state-run investment bank, Cassa Depositi e Prestiti. The company was formed in 2015, taking ownership of 210 MW of solar assets from its partner companies. It now operates around 400 MW of PV across 14 regions of Italy, and recently acquired a local company operating a further 51.5 MW.