The three transactions consist of the sale of a 60MWp power plant in Bulgaria to a consortium of investors including an affiliate of First Reserve Energy Infrastructure Fund, Crescent Capital and ACWA Power.
A 13MWp portfolio of projects in Italy to Eoxis. Besides, a 25MWp power plant in Italy to an institutional investor.
Commenting on the closure of the said transactions SunEdison president Carlos Domenech said,"These transactions are a perfect example of SunEdison’s continued ability to structure and execute complex transactions, while aligning world class investors who recognize the growing role solar plays in fulfilling today’s energy needs worldwide."
SunEdison EMEA, Latin America and North Asia general manager Pancho Perez added that the pipeline of projects in Europe, Latin America and Middle East will help the company to expand its collaboration with the project partners in the future and continue the growth worldwide.
The company, in a parallel development closed €24.9m in financing for two of the Italian projects it sold to Eoxis. Closed jointly with Eoxis, the financing is non-recourse, long-term senior debt facility with Centrobanca (UBI Banca Group).
