Qualitas Energy, Mirova form JV for Italian renewables
The joint venture, called Italian Renewable Platform, will be majority-owned by Mirova and Qualitas Energy will provide development, construction supervision and monitoring services.
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The value of the deal was not disclosed.
The portfolio will consist of 33 solar photovoltaic (PV) projects in Italy, including both operational projects and some still under development. The portfolio could also be expanded to include wind projects with an expected capacity of around 100 MW, the firm added.
The portfolio has been developed by Qualitas Energy through its fund Qualitas Energy IV. The firm focuses on both funding and developing renewable energy and sustainable infrastructure.
Mirova, part of Natixis Investment Managers, is a global asset management company dedicated to sustainable investment and has 26.4 billion pounds of assets under management.
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