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Renfin Hydro acquired seven hydroelectric plants in Northern Italy

September, 2020 -  Renfin Hydro Italia secured a €16 million loan from Bayerische Landesbank to support the acquisition of Insubrica Forze Motrici, Soana Forze Motrici, Idro Nembro, Genga and Lavoreit and the related portfolio of hydroelectric plants located in various regions of northern Italy, which have a total installed capacity of 3,100 KW. Newton Business Development, a member of Pandion Partners, acted as financial advisor.  Renfin Hydro Italia is owned by Renfin International sa, an investment holding company based in Prague, Czech Republic, which has more than 30 small and medium sized hydroelectric plants located worldwide.

Written on 09/10/2020