L R AS Published on Friday 8 January 2021 - n° 345 - Categories:funding
The developer ReneSola raises capital from the fund manager Eiffel Inv.
The developer ReneSola is joining forces with French asset manager Eiffel Investment Group (51%/49%) in a joint venture to develop solar power plants in Europe. Renesola will be looking for projects
and will build them. Eiffel Investment will finance them. The power stations built will be sold.
PV Magazine of 5 January
Editor's note: ReneSola has found an original way to finance itself with the capital managed by Eiffel Investment. The latter obtains access to the highly profitable power plant construction market. Only each of them accumulates nothing. Only experience and benefits for the clients, while the gain is also realised in the conservation and operation of solar power plants. Resale is their original intention. They can change it.
