Obton acquires co-ownership of Italian 50 MWp solar portfolio

In 2009, Obton was one of the pioneers in the Italian solar PV-market, and with this agreement in 2017, Obton further establishes itself in the market as a reliable and durable business partner.

Anders Marcus, CEO of Obton, is very pleased with the agreement, describing it as ‘exceptional’.

- We are proud of this agreement, and it sets a milestone for the company. We still have tremendous ambitions and the co-ownership of one of Italy’s largest solar PV-projects constitutes an exceptional addition to our growing portfolio which now stands at a solid capacity in excess of 300 MWp.

- The agreement demonstrates Obton’s ability to identify attractive investment opportunities, and that in a market as mature and established as the Italian. The addition of the project in Italy is a good match with our investment strategy of expanding our portfolio with solar PV-projects that show a sensible relationship between yield and risk.

The PV-plants of the project total 50 MWp and are located in southern Italy, primarily in the Apulia region. They were grid connected in 2011, providing meaningful production history regarding their ability to produce sustainable energy. 

Related articles

Obton to invest €300m in the Irish solar energy sector

Obton together with its Irish partner Shannon Energy will develop up to 500 MW of solar PV projects in Ireland over the next five years.

6 renewable energy trends to look out for in 2020

Solar energy outpaced every other electricity generating source in the last decade. And this technology shows no sign of slowing down in 2020. Obton’s expert gives us his best tips for renewable energy trends to watch in the new year.

Oil companies see the light in green solar power

Solar parks and filling stations with solar panels on the roof are now a fact of life for several conventional oil and gas companies.

Obton presents one of Europe’s biggest solar funds to date with sustainable investments totalling DKK 12 billion

By launching Obton’s biggest solar fund to date, the Aarhus company Obton expects to raise investments in solar parks totalling DKK 12 billion