Radiant Fund announces acquisition of a 3,3MW Solar PV portfolio



Radiant Fund announces acquisition of a 3,3MW Solar PV portfolio
Radiant Fund announces acquisition of a 3,3MW Solar PV portfolio
London, January 28th 2016
Radiant SICAV - Clean Energy Fund, through its sub-fund Radiant Clean Energy announces the
acquisition of 50% of a Solar PV portfolio for a total of about 3,3MW in addition to a framework
agreement for the potential acquisition of additional PV Plants from Terni Energia Group, a leading
operator listed on the STAR segment of the Italian Stock Exchange. Radiant, through its subsidiary
Renewable European Investment Italy 3 - REI III S.r.l., closed the transaction benefiting from the
expertise of its Specialist Advisor Green Arrow Capital.
With this new operation, Radiant continues its
infrastructures aligned with the investment strategies.
"We are pleased with this joint venture with an industrial operator such as Terni Energia, that allows us to
look at possible alliances not only in Italy, but for Green Arrow Capital even in countries where we are
already present, such as Poland and Morocco " comments Mr. Eugenio de Blasio, Founder and Managing
Partner of Green Arrow Capital.
“We are pleased to announce this Closing, following the Press Release published on January 4th 2016,
which represents the first of a number of potential collaborations with Green Arrow Capital in the
Renewable Energy sector. With this operation we complete a further step of the enhancement process of
the assets represented by the property of utility scale PV plants, as part of the process of rationalization of
the investments” comments Stefano Neri, President of Terni Energia.
Radiant SICAV - Clean Energy Fund is managed by BGB Weston, a London based alternative investment
management firm, founded by Lorenzo Gallucci, with over €.1 Billion of assets. The Fund has the objective of
raising funds from Institutional Investors, Pension Funds and Family Offices.
Green Arrow Capital is a Specialist in the Renewables sector, with an extensive experience in Investments
both in assets and energy efficiency that operates on a Global scale with strong local execution capacity.
The multidisciplinary team of Partners has been operating in the sector for the past 10 years and has
invested over €.2 billion. The founding members are Eugenio de Blasio, Board Member of AssoRinnovabili
and former CEO of a number of listed Companies, and Daniele Camponeschi, founder and CIO of a Top
European Independent Power Producer. Mr. Alessandro Di Michele is the Group's CFO
For further information, please contact:
Green Advisory
Federica Lombardi
Phone: +39 06 94354400
Email: [email protected]
Transaction Advisors for Radiant
Legal: Orrick and Studio Sticchi Damiani
Technical: Studio tecnico BFP
Fiscal: PwC