Italy-based holding company Alerion Clean Power, which is primarily involved in the electrical power generation from renewable energy has acquired, through its Romanian subsidiary, a 100 per cent holding in three companies that are the owners of three photovoltaic plants currently under construction in Romania.
Construction of the three acquired plants is expected to be completed by October 2021 and the total capacity will be approximately 14.3 megawatts (MW).
This transaction is part of the collaboration agreement with the company PV Project RO for the development of photovoltaic plants in Romania, which envisages the construction of photovoltaic plants with a total installed capacity of approximately 200 MW in Romania by 2023.