Luxembourg April 2018,
Xeon International has been appointed as the Financial Advisor for a new 180MW Solar Photovoltaic power plant. The plant will be built in three construction stages from 2018 to 2022.
Robert Gerendas, Partner at Xeon International comments: ” In 2017, solar PV demand was totalling 85 gigawatts around the world. For 2022, expectations are at 110 gigawatts which is an increase of almost 30%.The market is still sharply increasing despite the fluctuations they create on the net. Additionally Photovoltaic power generation is showing very attractive yields in the Balkan and Turkey because of the sunlight availability and attractive purchase prices.As opposed to Turkey their are less currency risks in the Balkan area which is part of the Euro. We are very happy to have contracted with a first large project in the area. The project is seeking for a financing contract of €120 million.”
Xeon International aims to create long-term business value for its clients and investors by offering a unique blend of result-oriented, risk sharing strategic value creation and implementation services. It operates within five functional areas: Corporate Finance – Private Equity – Advisory -Commodity Trading and Personal Advisory services.