NEWS

COMPLETED THE SALE BY PLC POWER S.R.L. IN FAVOUR OF ENEL GREEN POWER ITALIA S.R.L. OF TWO WIND PROJECTS

May 27, 2020 News archive


On May the 26th was finalized the sale by the indirect wholly-owned subsidiary PLC Power S.r.l. to Enel Green Power Italia S.r.l. (previously Enel Green Power S.p.A.) ("EGPI") of the entire share capital of C&C Castelvetere S.r.l. and C&C Uno Energy S.r.l. in relation to two wind farms projects to be carried out, respectively, in the Municipality of Castelvetere in Val Fortore (BN), with a capacity of 13.2 MW, and in the Municipalities of Baselice (BN), Molinara (BN) and Foiano di Val Fortore (BN), with a capacity of 36 MW.
The transaction provides also the EPC contract for the construction of the "Balance of Plant" for these two wind farms with PLC System S.r.l., a wholly-owned subsidiary of PLC S.p.A., for a total amount of approximately EUR 13.8 million, while the full service contract for Operation & Maintenance services for the civil and electrical works with PLC Service S.r.l., a wholly owned subsidiary of PLC S.p.A., will be formalized before the commissioning of the wind farms.
The above describer transaction is part of the BOT model that the PLC group pursues in its industrial vision, demonstrating its great ability to oversee the renewable sector from development to construction and maintenance of RES plants.