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July
21, 2010
Hamburg,
Germany: Colexon Constructs 7.2 MW of PV Systems in Czech Republic
In
May of this year, Colexon started construction of a 7.2 MWp solar
project portfolio in the Czech Republic. The systems are being
installed in the Czech cities Mimon, Tocnik and Lomecek.
The
portfolio comprises three free field installations which will
produce approximately 6.8 GWh electricity per year. The systems
will cover a total area of 200,000 m2. They are being built with
thin film modules from First Solar and a Schletter mounting systems.
The
value of the project is more than 20 million EUR.
Financing
has been secured by the EnerCap Power Fund and UniCredit Bank
Austria AG. The EnerCap Power Fund is a private equity fund focused
on investments in renewable energy and high efficiency projects
in Central and South-eastern Europe. Investors include the EIB,
EBRD and Sumitomo Mitsui Banking Corporation. The Fund is managed
by Prague based EnerCap Capital Partners.
"We
have already successfully carried out projects in France, Italy
and the USA," Thorsten Preugschas, CEO and Chairperson of COLEXON,
summed up.
"We
are expanding our international project business successively
to reduce our dependence on national subsidy models. We are pleased
that we can now implement a large portfolio in the Czech Republic,
because the Eastern European solar energy market is very significant
in this development due to its attractive framework conditions,"
Mr. Preugschas continued.
"EnerCap
and COLEXON have built up a strong and trustworthy partnership
over the past months. The concluded EPC and O&M agreements create
a solid basis for good performance in the current projects as
well as a perspective for the future," according to Michael White,
Partner at EnerCap Capital Partners.
Further details about: Colexon
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