Hannover Leasing Acquires Three SunEdison PV Systems in Spain

SunEdison announced that Hannover Leasing purchased three SunEdison solar photovoltaic (PV) energy systems in Spain’s Lleida province. Under a long-term agreement, SunEdison will monitor, maintain and operate the systems, which have a combined capacity of 4.3 megawatts (MW).

The three ground mount systems, 1.6-MW in Alamus, 1.6-MW in Borges Blanques and 1.1-MW in Cervia, have been operating since September 2008. Further details of the transaction were not disclosed by Hannover Leasing.

“Hannover Leasing recognizes the long-term value of investing with companies which have a proven track record of constructing and operating photovoltaic solar systems. Our goal is to deliver opportunities with financing structures that create immediate tangible value and long-term, stable returns to our partners,” said Carlos Domenech, COO of SunEdison.

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