An 85 MW PV power plant, developed by SunRay that has been acquired by SunPower Corp. The largest PV project in Italy, and among the largest PV projects worldwide.
The project was built in several phases. In December 2010 SunPower has completed the sale of 44MW Montalto di Castro solar park to a consortium of international investors that include MetLife, Fondo PPP Italia (managed by Fondaco SGR and advised by Equiter) and Voigt & Collegen (with its funds SolEs 22 and SolEs 23).
SunPower designed and built the solar power plant and will provide ongoing operations and maintenance services for the new owners. Barclays Capital advised MetLife on this transaction.
The Montalto di Castro solar park, developed by SunPower, is located in the Lazio region of Italy near Rome, where the 20MW (AC) first phase was connected to the grid in November of 2009, several weeks ahead of schedule. The 8MW (AC) second phase was commissioned in 2010, and the third and fourth phases, totaling 44MW (AC), were completed in December 2010.
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