Sistema Rinnovabili completes acquisition of 6 mw solar plant

Renewable generation company Sistema Rinnovabili has completed the acquisition of 6MW of ground-mounted solar plant located in the Puglia and Lombardy regions. The company is also engaging on a number of follow-on acquisitions throughout Italy. Advisors Gianni Origoni Grippo Cappelli & Partners, Moroni & Partners and Ernst & Young advised the company on the transactions.

Sistema RInnovabili is consolidating fragmented solar plant in Italy as well as developing, constructing and operating large scale ground-mounted PV plant in market parity. The Company is owned by major international institutional investors.