Cubico Sustainable Investments (Cubico), a global leader in renewable energy investment, has acquired 15 PV plants, totalling 26.4 MW from funds managed and/or advised by Partners Group.

The PV plants are located in two regions in Italy (Veneto and Lazio) and became operational in 2011. They range from 1 to 5 MW and the majority have project finance in place.

As a result of the acquisition, Cubico’s portfolio in Italy now comprises 37 assets, with a total capacity of 233 MW, allocated between solar PV and wind technologies.

David Swindin, Head of EMEA at Cubico said: “We have a long history in Italy and this acquisition consolidates Cubico’s position as one of the largest owners of PV in the country which sits alongside our Italian wind portfolio. We are delighted to have worked with Partners Group on the acquisition and look forward to further expanding our position in the country.”