Noy Fund / Northern and central Italy
Rooftop photovoltaic systems.
From receipt of the documentation, to on-site inspections, to the final assessment.
DATE: 12.2020
TIMING: 2 MONTHS
The Israeli investment fund NOY FUND has identified a pipeline of rooftop photovoltaic projects for a total of 76 MW, distributed in Northern and Central Italy, with an average size per installation of 0.5 MW. Besides inspections for the review of exposures and shading connection to the electrical power grid and observation of critical issues, the rooftops object of installation were observed by drone flight.
The desk analysis has included: projects, authorizations and ratings, contracts signed between who holds the portfolio and the property owners, registration to the GSE announcements 10/2019 and 03/2020 for the promotion of plants and business plan review, with study on manufacturability and capex and opex costs.
PROJECT
Acquisition of a total 76 MW pipeline of rooftop photovoltaic plants.
OBJECTIVE
Technical and administrative review of the investment.
ANSWER
Establishment of an internal technical, legal and administrative team expert in due diligence.
A PROJECT REALIZED WITH THE CONTRIBUTION OF 3 STREAM CONSORTIUM COMPANIES
Commercial and administrative management of the order.
Analysis of the preliminary electrical designs and the connections to the power grid, inspections on sites of installation.
Analysis of the contracts related to building rightsand administrative review of correctness of applications for access to incentives, in compliance with the D.M. 04/07/2019 FER1.
RESULTS
Drafting reports of due diligence carried out with favorable opinion for the acquisition of the entire pipeline, with ex-post confirm of recognition of incentives for all analyzed projects.
