Pacifico Energy Partners has sold a portfolio of PV projects in Italy to Mytilineos with a total capacity of 45MW that have received permits under the Italian PAUR regime.
Pacifico has owned and developed the projects from greenfield stage since 2019 and will continue to support the sites on their way to commercial operation date as a service provider.
Moreover, Pacifico will provide asset management services during operations.
Fabian Herberg, Co-CEO and Founder of Pacifico, said: “When we started these projects in 2019 Pacifico was among the first to believe subsidy-free PV was possible in Italy.
“Now we are delighted to contribute to Italy’s decarbonization and increased energy independence. Mytilineos is the right player to now transform the projects into state-of-the-art plants.”