The buyer is IKAV Global Energy, an arm of a Luxembourg investment fund, which acquires European PV assets for its insurance and pension-fund shareholders.
The four ground-mount plants in Sardinia, which will produce 12.5MWh of power a year, represent a “very sound investment for the Fund”, says IKAV director Constantin von Wasserschleben.
Earlier this year Italy’s Conto Energia V incentive scheme for PV hit its ceiling, bringing an end to the country’s long-standing feed-in tariff (FIT) scheme, which has propelled it to near the top of the global PV league.
While
