Wattner Acquires Solar Power Plants Torno I, II & III for Solar Funds
COLOGNE, Germany, April 5, 2012 /PRNewswire/ --
Total capacity of 24 megawatts for 49 million euros
Wattner has acquired the solar power plants Torno I, II & III and is incorporating them into the closed-end solar funds Wattner SunAsset 2 & 3.
The installations were constructed in October 2011 on conversion area in Saxony. The total capacity of all three installations is about 24 megawatts (MW) with an investment sum of approx. 49 million euros.
Wattner finances power plants for renewable energies with an emphasis on solar power. The company is the only engineer-run issuing house with the most megawatt solar parks in Germany. Over 5,000 investors profit from the steady returns from Wattner's short-term solar funds.
SOURCE Wattner AG