Construction at the €125m ($166.7m) suite of projects is expected to be finished by the end of 2010, with FRV intending to continue on as owner and operator.
Early last year Spain’s Fotowatio paid $19.7m for San Francisco-based MMA Renewable Ventures, one of the largest solar developers in the US. The combined company, rebranded as FRV, is now owned by General Electric Financial Services, Landon Group and Qualitas Venture.
FRV