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ELECTRICITY: Ortus Power Resources Realises Funding for 740MW Solar in Italy

ELECTRICITY

Italy’s Ortus Power Resources has raised around €100mn to finance the construction of around 740MW of solar PV capacity in Italy, it said. 

  • The firm raised the funds from a bond issuance.
  • Italy added around 4.2GW of additional PV capacity over Jan-Aug 2024, pushing its total installed domestic capacity to 34.48GW at the end of last month, data from Italy’s energy agency show. 
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Italy’s Ortus Power Resources has raised around €100mn to finance the construction of around 740MW of solar PV capacity in Italy, it said. 

  • The firm raised the funds from a bond issuance.
  • Italy added around 4.2GW of additional PV capacity over Jan-Aug 2024, pushing its total installed domestic capacity to 34.48GW at the end of last month, data from Italy’s energy agency show.