SunPower Corp. (Nasdaq: SPWRA, SPWRB) today announced that it completed the sale of its 13-megawatt (MW) Solare Roma solar power plant to Allianz Renewable Energy Partners IV Ltd., a wholly-owned subsidiary of Allianz SE on December 30, 2010. SunPower designed and built the solar power plant and will provide ongoing operations and maintenance services for the new owner.
SunPower Corp. (Nasdaq: SPWRA, SPWRB) today announced that it completed
the sale of its 13-megawatt (MW) Solare Roma solar power plant to Allianz
Renewable Energy Partners IV Ltd., a wholly-owned subsidiary of Allianz SE on
December 30, 2010. SunPower designed and built the solar power plant and will
provide ongoing operations and maintenance services for the new owner.
"The finalized sale of the Solare Roma power plant, along with our
recently announced Montalto di Castro 44-megawatt solar park, completes our
2010 plan to develop, construct and monetize 85-megawatts of projects in
Italy
,"
said Dennis Arriola, SunPower chief financial officer. "We're pleased with
our accomplishments this year and are well positioned to continue our success
in 2011."
The 13-MW Solare Roma power plant is located in the
municipality
of
Anguillara
,
Province
of
Rome
,
Lazio region,
Italy
.
Editors' Note: The capacity of power plants in this release is described in
approximate megawatts on an alternating current (AC) basis unless otherwise
noted. The Solare Roma power plant is approximately 15-MW in total direct current
(DC) and the Montalto di Castro solar parks total approximately 85-MW in total
DC.
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