Masrik

Photovoltaic Plant

Gegharkunik / Armenia
Peak Power: 62.00 MWp
Annual Production:150,000 MWh/Year
CO2 Avoided:54,000 t/Year
Households Supplied: 21,400 Homes
Surface: 100.00 Hectares
Operation Date: 2020
Project Status: Under Development
Plant Owner: FRV
FRV Role:
  • Development
  • Financing

Gianfranco Carassale

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

The pioneer spirit is something that has always characterized Rafael and José’s team, from their decision to enter the solar energy business to their expansion to new markets with an aggressive strategy able to capture them.

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.

Scott Mackin

Managing Partner and Co-President, Denham Capital

We’ve greatly enjoyed our collaborative relationship with the team and look forward to seeing FRV continue its success in the future.