NEWS

PLC System srl – a company wholly owned by PLC S.p.A. – has sold its 50% stake in Solar Project One S.r.l. to ForVEI II S.r.l.

September 16, 2020 News archive


16th Sptember 2020
PLC System srl – a company wholly owned by PLC S.p.A. – has sold its 50% stake in Solar Project One S.r.l. to ForVEI II S.r.l.

Solar Project One S.r.l. owns a rooftop photovoltaic plant on two buildings located in the Municipality of Sparanise (Caserta) with a nominal installed power of 546.48 kW

This sale is in line with PLC Group strategy for its B.O.T. (Build, Operate and Transfer) business. Capital gains from such operations represents a strategic driver for the growth of the PLC Group, and offer a boost in consolidating its role as an international ISP (Independent Service Provider). In line with its strategic mission, as part of the sale, PLC Service S.r.l., a wholly-owned subsidiary of PLC S.p.A., will perform Operation & Maintenance activities on the photovoltaic plant through a long term contract.