SPI Solar, Inc. (SOPW) Inks MOU with Taneo Fund to Build 23MW of Solar Projects across Greece
SPI Solar, a leading vertically integrated photovoltaic (PV) solar developer, today announced that it has entered into a memorandum of understanding (MOU) with two fund management companies to develop utility-scale solar energy facilities (SEF) across Greece. Thermi-Taneo Venture Capital Fund and AIMS-Taneo Fund are part of the New Economic Development Fund called the Taneo Fund, a Greek-state sponsored, privately funded and independently managed fund-of-funds focused on venture-capital investments in Greece and Europe. The MOU greatly enhances SPI’s opportunity to triple its development projects across Greece. “We are very pleased to have this agreement in place. It represents a significant opportunity…