Israel’s Nofar Energy Ltd secured up to €507 million in debt to expand its Sunprime platform in Italy. The funding, provided by international lenders, will support about 290 MW of solar and 350 MW of battery energy storage projects. Combined with prior financing, Sunprime’s total funding rises to €861 million, enabling deployment of 730 MW solar PV capacity and 1,400 MWh BESS.
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