Ibi-Onil

Photovoltaic Plant

Onil, Alicante / Spain
Peak Power: 2.63 MWp
Annual Production:5,300 MWh/Year
CO2 Avoided:3,710 t/Year
Households Supplied: 1,767 Homes
Surface: 5.50 Hectares
Operation Date: 2010
System Type:Fixed, South-facing 30º. Suntech Modules. Santerno Inverters
Project Status: In Operation
Plant Owner: Third Party
FRV Role:
  • Development
  • Financing
  • Construction
  • Sale

Gianfranco Carassale

Lead Investment Officer, Inter-American Investment Corporation (IIC)

Despite their size, they have been competing closely in bids with firms, which had different structures and abilities. This certainly shows their ability to be a strong market competitor. FRV has been a pioneer in market segments where no one had been before, and that has a lot of value.

Scott Mackin

Managing Partner and Co-President, Denham Capital

Denham Capital has been proud to partner with the team at FRV for nearly three years in this very successful investment. Rafael, José and their colleagues have captured a leading position in key emerging markets where solar undercuts the marginal cost of electricity.

Gianfranco Carassale

Lead Investment Officer, Inter-American Investment Corporation (IIC)

They are known for their expertise in solar technology as well as for their deep knowledge of the process, the financial structure and the energy market as a whole. This enables them to be extremely competitive. This way they reach efficiency and maximize profits, developing economically viable projects even at very tight and ambitious price targets.