Prothea advised Econergy Italia on the acquisition of 7 MW of PV assets from Sorgenia SpA

Prothea is pleased to announce that, under its advisory, the Israeli fund, Econergy, has acquired a portfolio of 7 MW of photovoltaic plants from Sorgenia SpA.

The portfolio is comprised of 10 PV plants located in several regions of Italy and includes both ground-based as well as industrial and commercial rooftop plants. A debt facility was provided as a project finance by Mediocredito Italiano.

Prothea acted as technical and financial advisor for Econergy, with Studio Legale Agnoli and Giuggioli acting as legal advisor.

Alessandro Cohen, director of Prothea's Renewable Energy Division, commented the transaction: "we are pleased to have been able to support Econergy once again in the development of their Italian portfolio. In such a challenging period, the ability to secure financing is confirmation of our strength and of our positioning in the market. Furthermore, it has been an honor and a pleasure to work, as a counterpart, with Sorgenia, one of the leading Italian energy companies".

Featured Product

Joyce Dayton Corp - Solar Tracking Jacks Solutions

Joyce Dayton Corp - Solar Tracking Jacks Solutions

Joyce/Dayton, North America's premier manufacturer of screw jacks and actuators has been in continuous operation for over 140 years. Joyce has become the trusted name in solar tracking with more than 2 gigawatts of power generation equipment in service world-wide. Consider the benefits: • Reliably position 50 tons (or more) • Long life/Low maintenance design • Motorized to meet customer specifications • Customer specified load/speed/fit • Built to ISO9001:2008 standards • Superior surface protection • Integral Trunnion mount • Easy to install. Joyce delivers more than the finished product. Quality is built into the whole process from expert engineering support during design conception to top-notch customer support after shipment. Contact Joyce for the products and support you need.