In addition to building the park, which is scheduled for completion in 2010, Phoenix will also be responsible for its operations and maintenance, and for selling the finished project on to other investors.
Phoenix, one of Germany’s largest integrators of photovoltaic (PV) systems, has seen business pick up sharply in recent months as the credit markets have begun to thaw.
In September the company founded a project-development subsidiary in France to take advantage of what it sees as one of the hottest markets for PV in Europe.
