N-Sun Energy secures €228M project finance from Mitsubishi UFJ Financial Group for six PV plants in Italy and Spain

Financing Solar announced Italy Mar 13, 2026

USD228M

Deal Value

248 MW

Capacity

operating, construction

Stage

N-Sun Energy secured €228M in project finance from Mitsubishi UFJ Financial Group for the development and construction of six photovoltaic plants across Italy and Spain. This financing enables N-Sun.

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Counterparts (3)

parent_company

Solarig

company · 2 deals

Solarig is a global renewable energy company focused on developing, constructing, and operating solar photovoltaic (PV) plants and other renewable energy projects. They aim to provide clean energy solutions and contribute to a sustainable future through their projects worldwide.

Alantra

company · 3 deals

Alantra is an international financial services firm providing investment banking and alternative asset management services to corporations, family-owned companies, and institutional investors. They operate across EMEA, the Americas, and Asia.

borrower

N-Sun Energy

company · 2 deals

Noida-based N-Sun Energy is a solar energy company established in 2010, specializing in EPC and O&M services for utility-scale, commercial, industrial, and residential solar projects. The company has commissioned over 100 MW of solar capacity primarily across India.

Deal Analysis

Global financial giant Mitsubishi UFJ Financial Group has committed €228 million in long-term project finance to N-Sun Energy, the renewable platform formed by Alantra and Solarig. This funding targets a 248 MW portfolio of six photovoltaic plants across Italy and Spain, notably including one Italian asset already operational. The deal provides crucial backing for N-Sun's ambitious 1.2 GW solar pipeline in Italy, with the remaining five plants expected online by late 2026.

€228 million project finance from Mitsubishi UFJ Financial Group.
248 MW portfolio includes one operational plant in Italy (Lazio region).
Financing supports N-Sun Energy's broader 1.2 GW pipeline in Italy.
Portfolio split across Italy (4 plants) and Spain (2 plants).

Source Intelligence

KEY DETAILS

L’operazione è strutturata come project finance a lungo termine. Tutti gli impianti hanno ottenuto meccanismi di stabilizzazione dei ricavi. I progetti laziali rappresentano i primi asset di un portafoglio più ampio di circa 1,2 GW che N-Sun Energy sta sviluppando in Italia.

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Deal Size

hanno ottenuto un finanziamento da 228 milioni di euro

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Capacity

capacità complessiva di circa 248 MW

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Location

sei impianti fotovoltaici distribuiti tra Italia e Spagna. I quattro impianti italiani, spiega la società a pv magazine Italia , si trovano nel Lazio

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PPA Details

A seconda del progetto, beneficiano di incentivi Fer X, di aggiudicazioni nell’ambito di aste per l’agrivoltaico o di contratti di PPA.

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Financials

un finanziamento da 228 milioni di euro

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Announcement

Marzo 13, 2026

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COD

Uno degli impianti è entrato in esercizio all’inizio di marzo, mentre i restanti tre dovrebbero essere avviati entro la fine del 2026.

PARTIES MENTIONED IN SOURCE

N-Sun Energy borrower

"Alantra e Solarig, tramite la piattaforma di investimento N-Sun Energy, hanno ottenuto un finanziamento"

Alantra investor

"Alantra e Solarig, tramite la piattaforma di investimento N-Sun Energy"

Solarig investor

"Alantra e Solarig, tramite la piattaforma di investimento N-Sun Energy"

Mitsubishi UFJ Financial Group (Mufg) lender

"un finanziamento da 228 milioni di euro con Mitsubishi UFJ Financial Group (Mufg)"

high quality Enriched Mar 13, 2026

Timeline

Announced

Mar 13, 2026

Signed

Closed

Get the full picture — timeline, source intelligence, and counterpart analysis.

Source

www.pv-magazine.it

View Full Deal Details

N-Sun Energy secures €228M project finance from Mitsubishi UFJ Financial Group for six PV plants in Italy and Spain

Counterparts (3)

Deal Analysis

Source Intelligence

Timeline

Source

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