SunEdison sells 98 MW of European wind portfolio

SunEdison has completed the sale of 98MW of solar photovoltaic plants in Europe.

The transactions include the sale of a 60MW power plant, Bulgaria’s largest solar park to a consortium of investors, including an affiliate of First Reserve Energy Infrastructure Fund, Turkish-based Crescent Capital, the European Investment Bank, and Saudi Arabia's ACWA Power for a reported $220m.

Bulgaria solar park The plant, which received in €155m funding from World Bank Group member IFC, Overseas Private Investment Corp and Unicredit, was grid-connected in March 2012.

SunEdison also sold a 13 MW portfolio of projects in Italy to UK-based Eoxis and a 25MWp power plant in Italy to an institutional investor, reports the Guardian.

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