Alantra, in partnership with Solarig, Reichmuth, and Amundi, has launched a €1.7 billion investment vehicle aimed at acquiring over 50 solar plants across Southern Europe, projected to reach a total capacity of 1.9 GW.

Overview of the Target

Solarig has established a significant project, contributing over 50 solar plants across Southern Europe, with plans for these assets to achieve Ready-to-Build (RTB) status within the next 18 months. This initiative is part of their broader strategy to become a multinational leader in renewable energy, aimed at generating approximately 2.7 GWh annually, sufficient to power over 800,000 households, and poised to yield more than €180 million in yearly revenue.

Industry Overview in Southern Europe

Southern Europe is increasingly recognized as a prime location for solar energy investments, particularly in Italy and Spain. Both countries boast strong photovoltaic markets, with each having a capacity of around 30 GW. These markets benefit from robust support for renewable energy initiatives, including favorable regulatory measures, aggressively declining photovoltaic installation costs, and increasing consumer awareness regarding sustainable energy solutions.

The growing demand for clean energy has stimulated significant investor interest, leading to a surge in project development in the region. Key factors driving this trend include