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Quercus

Erg and Quercus dissolve Erg Q Solar 1, the relation has been cooled down since months

Powernews01 mins

[vc_row][vc_column][vc_column_text]The relation between Erg group and Quercus fund, specialized in renewable energy investments had cooled in Autumn 2018. Powernews reported it in November 2018 and caused the disappointment of Quercus Assets Selection’s Ceo Diego Biasi. The joint press release issued yesterday by Erg Q Solar 1’s two promised partners proved that we were right: “Erg…

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Erg Q Solar 1 in stand-by, the resignation of Gamberale from Quercus would have cooled down Garrone’s interest

Powernews01 mins

[vc_row][vc_column][vc_column_text]Started with of great expectations Erg Q Solar 1, the solar joint venture between Erg of the Garrone family (60%) and the Quercus Italian Solar fund (40%) founded by Diego Biasi and Simone Gorla, run by the Luxembourg-based Quercus Assets Selection Sarl. The target: to consolidate the Italian photovoltaic fragmented market by aggregating in a…

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Quercus awards O&M contract for its PV portfolio

Powernews01 mins

[vc_row][vc_column][vc_column_text]UK based renewable infrastructure fund has awarded a O&M contract for its PV portfolio to Gildmeister energy services. Gildmeister is a subsidiray of german group DMG Mori. It will provide the O&M services for Quercus European PV portfolio of 200 MW in UK, Romania, Italy and Bulgaria. In Italy Quercus together with Swisslife owns ASI-Azienda…

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X-Elio divests 18.4 MW of photovoltaic plants to Azienda Solare italiana

Powernews01 mins

[vc_row][vc_column][vc_column_text]Azienda Solare italiana, a joint venture between by Quercus and Swiss Life Funds (Lux) Global Infrastructure Opportunities, has acquired a solar portfolio of 6 plants located in Sicily and Apulia for a total of 18.4 MW.  The vendor is X-Elio (formerly known as Gestamp Solar) owned by KKR private equity fund. [/vc_column_text][/vc_column][/vc_row]

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