Photovoltaic Solar Park Projects

Albamere is sourcing investors for a new renewable energy fund. Within 6 months the fund will be able to offer fixed return investments to the retail market but in the meantime high net worth individuals or companies can be brought in to finance the construction of 1MW units of an ongoing development in southern Italy.

The land agreements, PV panels and management companies are all bank approved and the fund can provide 75% financing. This means that a EUR1m investment can fund the EUR3.5m construction of 1MW of panels which should value above EUR4.6m when built.

An ongoing ROI of between 13 and 15% will be provided once the parks are connected and producing electricity.

Note that it is also possible to source some projects which are already built and available for sale. For instance there is a 20WM project comprising of a number of 1 and 2MW sites. (At time of writing July 2010)

Investors of between EUR1m and EUR20m are sought.