iAM Capital Sells one of its Italian Solar PV Portfolios to SONNEDIX, an affiliate of JPMorgan

iAM Capital Generates Strong Return on its Investment

MILAN, Dec. 23, 2021 /PRNewswire/ — iAM Capital has successfully consummated the sale of its BhnLux solar PV portfolio, totaling 4.5MW, to Sonnedix, an affiliate of JPMorgan.

The portfolio comprises of three ground-mounted solar photovoltaic plants and two greenhouse solar photovoltaic plants, located in the Apulia and Sicily regions of Italy, with a total capacity of 4.5MW. All the plants have been operating for the last decade and benefit from the Italian Conto Energia FiT regime.

“We are pleased to have completed the sale of this portfolio to Sonnedix, which we had acquired as part of a programmatic partnership with US based Bhn group,” stated Emanuel Arbib, CEO of iAM Capital. “With a strong return on our and our limited partners’ investment we are now looking to make further acquisitions in this sector together with Bhn. As a firm we remain committed to investing in ‘green’ projects that support sustainable growth, both in connection with our infrastructure projects and our real estate investment activities,” added Mr, Arbib.

Cristina Fragni, Managing Partner of Bhn, commented: “We are pleased with the success of our investment and to have found a strong counterparty in Sonnedix. Together with iAM Capital, we look forward to executing on new green energy projects in 2022, particularly given the strong acquisition pipeline we have developed together for the upcoming year.”

In connection with the transaction, BhnLux and iAM Capital were advised by Prothea, as exclusive financial advisor, Gitti & Partners as legal counsel, and ICFC as controllers.

About iAM Capital

iAM Capital Group PLC is a London-based investment group specialising in sourcing, structuring and executing on alternative investments, and is an active sponsor in the real estate and alternative energy fields, having executed multiple investments valued over several hundred million Euros.

Contact : [email protected]
Avi Koth – 02075149200

iAM Capital Sells one of its Italian Solar PV Portfolios to SONNEDIX, an affiliate of JPMorgan WeeklyReviewer

PR Newswire Science News

Earnings Disclosure

WeeklyReviewer earns primarily through affiliates and ads. We don’t encourage anyone to click on ads for any other purpose but your own. We recommend products and services often for our readers, and through many we will earn commissions through affiliate programs.

WeeklyReviewer earns commissions through affiliates of qualifying products through Amazon Associates, Fiverr Affiliates, Hostgator Affiliates, Namecheap Affiliates, NordVPN Affiliates, Semrush Affiliates, Alibaba Affiliates, Clickfunnels Affiliate, Leadpages Affiliates, Cryptohopper Affiliates, Binance Affiliates and more.

Clicking on links in WeeklyReviewer may or may not provide us commission through any qualifying purchases.

Avatar of World Reviewer Staff
World Reviewer Staffhttps://weeklyreviewer.com/
The first logical thought has to be "no way". I'm the World Observer! Ill find and share important news all day.

Latest articles

Related articles