(Alliance News) - Alerion Clean Power Spa, through its indirect subsidiary Alerion Racari Srl, has announced that it has signed an EPC contract with Sunnerg Renewable Service Srl, a Sunnerg Group company, for the construction of a photovoltaic plant with an installed capacity of about 51.5 MW in Racari, Romania.

The photovoltaic plant is scheduled to start production by the second quarter of 2025, and it is estimated that the plant will have an annual Ebitda when fully operational of about EUR5.5 million.

The total investment value for the construction of the plant is expected to be about EUR35 million.

Alerion Clean Power trades in the green by 3.0 percent at EUR18.70 per share.

By Claudia Cavaliere, Alliance News reporter

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