Cubico grows Italian renewables portfolio to 37 assets

Cubico Sustainable Investments has added 15 solar PV plants to its portfolio with the acquisition of assets from Partners Group.

The renewable energy investor said it bought the 26.4MW plants from funds managed and/or advised by Partners Group for an undisclosed sum.

The PV plants, located in Veneto and Lazio, became operational in 2011. They range from 1 to 5MW and the majority have project finance in place.

As a result of the acquisition, Cubico’s portfolio in Italy now comprises 37 assets, with a total capacity of 233MW, allocated between solar PV and wind technologies.

David Swindin, head of EMEA at Cubico said: “We have a long history in Italy and this acquisition consolidates Cubico’s position as one of the largest owners of PV in the country which sits alongside our Italian wind portfolio.

“We are delighted to have worked with Partners Group on the acquisition and look forward to further expanding our position in the country.”

Related images

  • Cubico

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2540

    Asset class: All/Large Cap Equities.
    Asset region: UK.
    Size: The fund will be added to our guided fund range.
    Closing date: 2019-05-27.

  • QN-2541

    Asset class: Small/Mid-Cap Equities.
    Asset region: Switzerland.
    Size: CHF 130m.
    Closing date: 2019-06-04.

  • QN-2542

    Asset class: All/Large Cap Equities.
    Asset region: Switzerland.
    Size: CHF 130m.
    Closing date: 2019-06-04.

Begin Your Search Now