Friday, July 22, 2016

Quercus and Swiss Life Asset Managers announce the acquisition of two photovoltaic (PV) plants in Italy with a combined capacity of c. 7.3MW


London, Luxembourg: 22 July 2016: Quercus Assets Selection and Swiss Life Asset Managers announce the successful acquisition of two ground-mounted solar PV plants with a capacity of 6.5MW and 0.77MW respectively, located in the Molise Region, Italy.

The transaction was carried out and completed by Azienda Solare Italiana S.p.A (“ASI”), formerly known as Antin Solar Investments, which Quercus and Swiss Life Asset Managers acquired in April 2016 through a 50/50 joint venture. With these additions, ASI’s portfolio consists of eleven plants totalling 84.4 MW and a combined annual production of 140 GWh.

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