We have a large, diversified
portfolio of complementary
clean energy assets
SER
Large operating asset transaction
Windpower technology
245MWoperational capacity
Transaction description
The SER transaction comprises a portfolio of wind farms in the Puglia and Sicily regions of Italy.
Commercial operation of the wind farms ranged from 2009 to 2012.
Glennmont acquired the portfolio in 2016.
The wind farms are located in strong wind resource regions of Italy.
Management of the portfolio is carried out by a dedicated team in Italy who were part of the transaction.
Maintenance is carried out by the OEM, now Siemens Gamesa Renewable Energy SA.
Italy
Locations in Italy
Highlights
Acquisition of one of Italy’s largest operating portfolios of proven wind assets.
Management of a dedicated team in Sicily and Rome for the asset management of the wind farms.
Glennmont successfully completed the refinancing of the SER portfolio for €190m in 2017. This transaction was Italy’s first bond ever in the wind sector.
Quality components
The plant benefits from:
Proven Gamesa wind turbine generators
231 wind turbines in G52, G80 and G87 turbine models