Demeter 4 INFRA team continues to support Sun’R
Demeter 4 INFRA team continues to support Sun’R with the closing on 27 of June of the second tranche of a total 8M€ investment into SH1, sole shareholder of Sun’R Infrastructure, a project company dedicated to the operation of a 10MWp portfolio of photovoltaic plants.
The portfolio comprises 60 rooftop-mounted photovoltaic plants, with an average individual unit capacity of 170 kWp, developed or acquired by Sun’R between September 2009 and July 2014. The plants benefit from an average feed-in-tariff of 57.1 c€/kWp for 20 years.
The first tranche of this convertible bonds was subscribed by Demeter 4 INFRA on 26th February 2016.