Colexon & tnp MFB Sign 15-MW Solar Deal

Colexon Energy and tnp Mitteldeutsche Fonds Beteiligungs GmbH (tnp MFB), a fully-owned subsidiary of tnp Mitteldeutsche Anlagen Leasing AG, have signed a framework contract for the planning and construction of solar power plants with a peak total capacity of approximately 15 megawatts (MW). The plants are set to be built in France by the end of 2011.

The framework contract is reportedly worth more than US $10 million and is the largest investor contract in the history of Colexon. On January 27, the company had previously reported a framework agreement with tnp for the construction of solar power plants in Germany.

Colexon announced on August 21 that the company had secured the project and property rights for a solar power plant of at least 25 MW in the French wine-growing region of Sainte-Foy-Bordeaux. The investor contract constitutes a successful counterpart to the newly acquired land.

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