SolarKapital Greece, operator of 23 PV stations on the Greek mainland, on Crete and Rhodes with a total installed capacity of  ca. 4 MWp undergoes an ambitious program to further optimize its extended operations.

For one, there will be a further consolidation of operating entities reducing its number from four to one. The resulting entity will achieve an annual turnover of ca. €1.8m and ca. €1.5m in EBITDA. Such performance is expected to further improve by carefully selected asset management techniques which will reduce operational expenses and on the other hand enable SolarKapital team members to further increase value generation for our investors and clients. There will also be a consolidation of holding companies in Germany reducing it to only one. SolarKapital Greece has already managed to substantially align all insurance contracts in Greece. NBG INSURANCE has been selected as preferred insurance partner.

Finally and having fully automated processes in relation to power supply and telecommunication services providers, considerable scale economies, also boosting time-effectiveness, have been achieved. The aggregation of the monitoring activities across the entire portfolio leads to the generation of a rare knowledge base, shared among SolarKapital team members, enabling them to optimize O&M activities and, eventually, portfolio’s performance. This also provides a stable basis for further growth of the portfolio. Constantinos Sioumis, Managing Director of SolarKapital Greece: „I am pleased about the progress also in this field. There are only so many factors to positively influence in the operations of solar plants - weather not being one - and we want to make sure not to miss out on anyone of them“.