German big ticket specialist Hannover Leasing has underlined its
commitment to continued financing of renewable energy assets, with
the purchase of three solar generation sites in The Lleida province
of Spain.
The photovoltaic systems, with a combined capacity of 4.3 MW, are
built by American solar provider SunEdison, and have been operating
since September last year. SunEdison will maintain the assets
during the long-term agreement.
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Andreas Ahlmann, Hannover Leasing’s managing director, commented,
“Despite the economic downturn, Hannover Leasing continues to
invest in solar projects. These systems offer a unique risk-return
profile.”
Hannover Leasing is one of Germany’s largest leasing companies, as
well as holding around 180 closed-end funds with around 48,000
private and corporate investors between them.
Concerned largely with big ticket leasing across aircraft,
shipping, rail, real estate and infrastructure assets, the company
is understood to manage an asset value of around €15.5 billion.
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By GlobalData
