Octopus Italian Solar Refinancing Reaches Financial Close 2 Feb 2018

On January 18, 2018, Octopus Investments completed the refinancing of five solar PV assets totalling 64MW at Montalto di Castro, Italy. The €23m refinancing package has been provided by MPS Capital Services and represents a landmark deal for solar in Italy, having been secured without a government subsidy.

Operis is delighted to have again worked with Octopus in performing an audit of the financial model, which included a review of the tax and accounting treatments.