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ISP1-RG

  • Infrastructure projects
  • Energy transition
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Infra - Energie

In July 2010, PMV, Crédit Agricole Private Equity and the Federal Participation and Investment Company set up an investment fund to invest in large-scale photovoltaic solar parks.

The fund enabled the construction of PV plants at 14 different sites from 2010 to 2014, for a total installed capacity of 13.4 MWp. The parks produce a total of about 12,000 MWh annually. In June 2014, the shareholders sold their stake in the fund to the investment fund PMF.

PMV’s role

Through its extensive network, PMV played a leading role in setting up the partnership by bringing the various parties together. Thanks to its solid experience in setting up partnerships, PMV, together with its partners, was able to work out a structure that allowed investment files to be screened, approved and managed in a smooth and standardised way. As a co-investor, PMV was actively involved in the management of the fund and presented several potential investment opportunities to the fund’s investment committee.

The project in numbers

The total investment cost of the parks realised through the fund is €31m. The parks were all financed through long-term contracts.

Tom Mortier Head of Energy Transition Tom.Mortier@pmv.eu +32 (0)2 274 64 48