Valencia, march 28th 2017.
Suddeutsche Invest has advised to Solaer Group, a reference in the promotion and construction of photovoltaic projects in Europe, in the acquisition of a portfolio of projects in different stages of development in Spain and Portugal.
The construction of the first projects belonging to this portfolio (46 +34) Mw is planned for April and July 2017, the rest of the projects will be started throughout 2017 to complete 406 Mw in 9 projects between Spain and Portugal on 2018.
Solaer Group has hired the services of the consulting company Suddeutsche Invest to carry out the identification, composition and negotiation of the projects, in different stages of development destined for sale in the Iberian pool market.
Suddeutsche Invest is the exclusive responsible for the marketing of the projects, in the turnkey mode, with the objective of selling to Institutional Investors and companies in the electricity sector.
Suddeutsche Invest will start the next sales process, which is a 34 Mw project in Portugal, on the second quarter of 2017.
Marimon (Spain) and SCLM (Portugal) lawyers have been the legal advisors of the transactions, contributing with the experience and professional solvency in the process of Due Diligence and contracts.