Excelsior announced acquisition of solar energy portfolio

photovoltaic (pv) net news: as a leading independent north American renewable Energy investors, Excelsior Energy Capital announced its north American renewable Energy fund has from Syncarpha Capital acquired 16. 100% of the 2 mw operating solar product portfolio sponsors.

the solar project, Massachusetts and vermont, off-take agreement with reputable trading counterparties, weighted average of the remaining contract period is 20. For five years. Firstar Development LLC is a subsidiary of the US Bancorp, as tax equity participation, nomura corporate finance companies in the United States are reverse gains for the portfolio.

Excelsior, managing partner, said & other; Excelsior pleased to announce that buy the Syncarpha operating solar product portfolio, because it is exactly the same as that of funds at the core of the strategy, from experienced developers and operators in order to obtain high quality solar projects, aims to further improve the long-term fund limited partners operating and financial performance. ”

Syncarpha chief executive and co-founder, said & other; Syncarpha would be glad to cooperate with Excelsior, long-term asset managers become the solar energyenergy portfolio. We thank the Excelsior team bring profound professional knowledge, and plans to expand our cooperation in the coming months. ”

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today, the turbine of the public in the year 2019 1 gw pv component framework centralized purchasing shortlisted for the results of the project, four blocks a total of 25 companies, the price does not mean that the final price, the actual transaction price will depends on the market next year.

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