February 2021 - Astris congratulates its client DIF for the successful closing of the project "Winch-P" in Italy

February 2021 – Astris is pleased to announce the sale of a 10 MW solar brownfield portfolio owned by DIF and located in southern Italy.

The portfolio comprises 10 operational ground-mounted solar assets, 100% owned by the Ampere Equity Fund, which is managed by DIF Capital Partners (DIF), an independent infrastructure fund manager. The installed capacity of the assets ranges from 888 kWp to 999 kWp, resulting in a total installed capacity of 9.7 MWp. All assets were commissioned in 2011, providing more than 9 years of operational track record, and benefit from feed-in-tariff contracts with Gestore dei Servizi Energetici.  They are remunerated under the Quarto Conto Energia incentive scheme and the contracts provide fixed, non-indexed prices covering the entire production capacity.

The portfolio has been acquired by Tages Capital SGR, an asset management company, specialized in renewable energy infrastructure and part of the Tages Group.

Astris served as financial advisor to DIF alongside ValeCap. Astris has a long-standing relationship with DIF, for which it has acted as exclusive advisor on several other M&A transactions and a senior debt portfolio refinancing over the last couple of years.