GLENNMONT PARTNERS AND TAGES CAPITAL ENTER INTO AGREEMENTS FOR THE SALE OF 85.4MW ITALIAN SOLAR PORTFOLIO
Glennmont Partners has entered into agreements to sell three operational, ground-mounted solar PV projects located in Veneto and Lazio, Italy, totaling 85.4MW, to Tages Capital. The three solar PV projects, Enersol (48.0MWp), Megasol (13.2 MWp) and Phenix (24.2 MWp) projects, started operations in 2011 and are part of a combined deal in line with the divestment strategy for the first Fund of Glennmont Partners, one of Europe’s largest fund managers [...]
AGREEMENT BETWEEN TAGES CAPITAL SGR AND MACCAFERRI INDUSTRIAL GROUP: TAGES HELIOS FUND ACQUIRES PHOTOVOLTAIC PLANTS WITH A 51 MW OUTPUT
Tages Capital SGR is pleased to announce that the Tages Helios fund has signed a contract with the company SECI S.p.A. (Maccaferri Industrial Group) to acquire a portfolio of more than 51 MW comprising 35 plants distributed throughout Apulia, Sicily and Emilia Romagna. The plants in the portfolio use first-rate technology and were built directly by Enerray, a company managed by SECI Energia – the market leader in Italy. The [...]
TAGES HELIOS FUND CONCLUDES €360 MILLION FINANCING OF THE SUNRESERVE PORTFOLIO
- Tages Capital SGR announces that the Tages Helios Investment Fund (“Tages Helios” or “the Fund”), an alternative investment fund specialising in the solar infrastructure sector, has completed financing of the SunReserve portfolio. The portfolio, acquired in August 2016 from First Reserve Energy Infrastructure, consists of nine renewable energy plants with a total power capacity of 101 Mega Watts (MW). The ownership of the real estate assets have now been [...]
TAGES HELIOS INVESTMENT FUND ANNOUNCES FINAL CLOSING TAKING COMMITTED CAPITAL TO OVER €250 MILLION
Tages Capital SGR is pleased to announce the final closing of Tages Helios Investment Fund (“Tages Helios” or the “Fund”) with committed capital of €253 million. Tages Helios is a renewable energy investment fund focused exclusively on the Italian solar infrastructure sector and represents one of the largest fundraisings dedicated to the sector. Tages Helios has attracted interest from institutional investors who were typically enticed by the value and quality [...]
TAGES HELIOS INVESTMENT FUND ANNOUNCES THIRD CLOSING TAKING COMMITTED CAPITAL TO APPROXIMATELY €210 MILLION FOURTH AND FINAL CLOSE EXPECTED BY JUNE
Tages is pleased to announce the third closing of Tages Helios with an additional €55 million committed to its property alternative investment fund, which focusses exclusively on the Italian photovoltaic sector. Launched in December 2015, the fund has increased its committed capital to approximately €210 million. The third round of subscriptions saw participation from existing investors as well as approximately half of the newly committed capital coming from new subscribers [...]
TAGES HELIOS FUND ANNOUNCES AGREEMENT TO PURCHASE SUNRESERVE SOLAR PV PLANTS FROM FIRST RESERVE ENERGY INFRASTRUCTURE FUND I SUNRESERVE’S ITALIAN PORTFOLIO TOTALS101 MW
Tages Capital SGR announces that Tages Helios Fund has signed an agreement for the acquisition of the Italian solar PV assets of SunReserve, a portfolio consisting of nine solar parks with a total power capacity of 101 MW. The portfolio includes the Rovigo plant, one of the largest in Europe with a capacity of about 70 MW in an area of over 850 thousand square meters. Overall, the portfolio generates [...]
TAGES HELIOS FUND ANNOUNCES AGREEMENT TO PURCHASE 9REN SOLAR PV PLANTS FROM FIRST RESERVE PRIVATE EQUITY FUND XI 9REN’S ITALIAN SOLAR ASSETS TOTAL56 MW
Tages Capital SGR announces that on August 5th Tages Helios Fund acquired the Italian solar PV assets of 9REN from First Reserve’s Fund XI. 9Ren is a leader in the field of photovoltaic energy in Italy, with 51 plants distributed throughout the country for a total power capacity of 56 MW. The portfolio has an established operating history since 2011-2012 and was built according to industry best practices. The 9Ren [...]