Zouk Capital financed and oversaw the construction of a 16 MW portfolio of solar PV assets in Italy.
The assets are operational and generate around 25 GWh per year, which represents an annual carbon saving of over 10,000 tonnes. The portfolio was constructed by leading contractors, such as Iberdrola, using high quality equipment. Financing has been provided by institutions including UniCredit, Fineco and Banca Monte dei Paschi di Siena. The projects vary from ground mounted projects in Southern Italy to a large greenhouse in Lazio and an architectural car park shading scheme in Piemonte.
In February 2016, Zouk announced the sale of its Italian assets to a strategic partnership between Econergy and Equitix.