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- Westbridge Renewable Energy Corp (OTCQX:WEGYF) Thursday announced the origination of two new projects in Europe, comprised of the Gierre Solare Project, located in Lazio, Italy, and the NM Solare Project, located in Lazio and Umbria, Italy, expanding the company’s growing portfolio into Europe.
- The projected capacity of Gierre Solare Project is 32MW Solar PV and 30MW for the NM Solare Project. Both projects have secured land and grid access, completed feasibility studies, and planning applications are in progress.
- The European expansion of the company’s global solar portfolio and future development plans for its Italian projects follow the successful sale of the 230MWac (278 MWdc) Georgetown Solar project for $47,564,002 received at closing on December 13.
- Source: Press Release
