NB5 Photovoltaic Plant Acquisition by Altea Green Power
Sector: Power Generation (CCGT) • Location: Montecchio Emilia, Emilia-Romagna, Italy
Source: Megaproject
Altea Green Power acquired 100% of NB5 S.r.l., owner of a 16.75 MW operational photovoltaic plant in Montecchio Emilia, Reggio Emilia, Italy. The plant has been operational since January 2024 and benefits from a 20-year FER 1 feed-in tariff starting July 2025. The transaction value was approximately EUR 17 million, including EUR 16 million for the plant and EUR 1 million of positive net working ca
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Participants
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Status
Original status | completed |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | Altea Green Power acquired 100% of NB5 S.r.l., owner of a 16.75 MW operational photovoltaic plant in Montecchio Emilia, Reggio Emilia, Italy. The plant has been operational since January 2024 and benefits from a 20-year FER 1 feed-in tariff starting July 2025. The transaction value was approximately EUR 17 million, including EUR 16 million for the plant and EUR 1 million of positive net working capital. This acquisition marks a shift in Italy's solar M&A landscape towards direct IPP ownership of operational, tariff-backed solar assets. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
More Details
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