on ABO Invest AG (ETR:DE000A1E)
Clearvise AG Begins Construction of Tezze Solar Project in Italy
Clearvise AG has initiated the construction of the Tezze solar project in Italy's Vicenza province. This represents a step forward in their project pipeline implementation, demonstrating operational strength. The project stems from a collaboration within the clearPARTNERS program and boasts a secured revenue basis with a government tariff premium granted for 20 years.
Construction is progressing on the site of a former quarry, set to be completed in 2026. Key developments include earthworks, access road substructure, and foundations for electrical stations. The site features two photovoltaic subfields, with tracking systems and dedicated transformer stations.
As a YieldCo, clearvise AG focuses on leveraging its diverse wind and solar portfolio. The Tezze project underlines this strategy, aiming to provide shareholders with sustainable dividends as part of its growing earnings profile.
R. E.
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