Greentech Advises


Greentech Advises Origis Energy on Its Sale of a 40+ MW Solar Portfolio in Italy and Slovakia to ForVEI II
November 21, 2019

Greentech Capital Advisors is pleased to announce the following transaction:
Exclusive financial advisor on the sale of a 40+ MW solar portfolio in Italy and Slovakia to

UndisclosedNovember 2019

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CLIENT OVERVIEW

Origis Energy (“Origis”) is powering the solar revolution with custom clean energy solutions for utility, commercial and public sector clients. The Origis team has worked to ensure the interests of all stakeholders are upheld in more than 100 projects worldwide totaling over 1.6 GW to date of developed solar and energy storage capacity. Headquartered in Miami, FL, Origis delivers excellence in solar and energy storage development, financing, engineering, procurement and construction (EPC) and operations, maintenance and asset management for investors and clean energy consumers in the U.S.

** Mandated through Nomura Greentech Capital Advisors, AG (formerly known as Greentech Capital Advisors, AG)

TRANSACTION OVERVIEW

  • ForVEI II, the Joint Venture between VEI Green and Foresight Group LLP (altogether, “ForVEI II”), has acquired a 41 MW ground-mounted solar PV portfolio from Origis
  • ForVEI II is the second vintage of the investment platform JV between Foresight and VEI Green, launched in June 2018, and specialises in acquiring renewable energy infrastructure assets in Europe
  • ForVEI II will acquire from Origis 34 ground-mounted solar PV projects located in Italy, totaling approximately 37 MW, and one 4 MW ground-mounted solar PV project in Slovakia, a total capacity of approximately 41 MW
  • The projects achieved commercial operations between 2010-2011 and are remunerated under a long-term contracted Feed-in-Tariff (“FiT”) scheme
  • Through this transaction, Origis will further accelerate its growth in the U.S. and abroad where it boasts a 6+ GW pipeline

The transaction press release can be found at: Press Release

Greentech Capital Advisors acted as exclusive financial advisor to Origis.

“We are excited to have found a long-term partner for our European assets.” said Guy Vanderhaegen, CEO & President of Origis, “We thank ForVEI II and Greentech for their close collaboration.”

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For additional information about this transaction, please contact:

Derek Bentley
Partner
+1 (212) 946 3948
dbentley@greentechcapital.com

Enrico Zini
Vice President
+44 44 578 39 43
enrico@greentechcapital.com

On April 1, 2020, Nomura Holding America Inc. acquired Greentech Capital Advisors Securities, LLC, a broker-dealer registered with the U.S. Securities and Exchange Commission (“SEC”) and a member of the Financial Industry Regulatory authority (“FINRA”), and renamed it Nomura Greentech Capital Advisors, LLC (“NGCA LLC”). Clients who engaged with Greentech Capital Advisors Securities, LLC prior to April 1, 2020 will remain clients of NGCA LLC, unless otherwise notified. Otherwise, all activities of Nomura Greentech in the U.S. are conducted by Nomura Securities International, Inc. (“NSI”), a broker-dealer registered with the SEC and a member of FINRA. All services of Nomura Greentech conducted outside of the U.S. will continue to be provided by Greentech Capital Advisors, AG, located in Switzerland and renamed Nomura Greentech Capital Advisors, AG (“NCGA AG”). NGCA AG does not provide services that require it to be licensed as a broker-dealer in Switzerland and is not so licensed. As of April 1, 2020, NSI, NGCA LLC, and NGCA AG are affiliates under common control. The greentechcapital.com web domain provides information about NGCA LLC, NSI and NGCA AG.

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