Clearvise has entered into a purchase agreement with ClearPartners for a ground-mounted photovoltaic system in western France, boasting an authorized capacity of over 70 MWp. The parties have opted not to disclose the sale price.
The solar project has successfully completed the authorization process and holds a legally binding building permit. Once operational, the solar park is expected to generate more than 90 GWh of electricity annually, with revenue sourced from a combination of state-guaranteed feed-in tariffs and power purchase agreements (PPAs).
Petra Leue-Bahns, chief executive of Clearvise AG, stated, “The signing of a purchase agreement for a further co-development project represents a new milestone in our growth initiative.” She added, “With ClearPartners, we have built up an innovative co-development and co-IPP model that focuses on fair, long-term cooperation with regional developers and offers added value to all partners.”
As part of the ClearPartners collaboration, the regional development partner will maintain a 30% stake in the project company, while Clearvise will hold a majority stake of 70%. This close integration of regional development partners is seen as a model for fostering long-term local value creation.