Hamburg, May 8, 2012
The professional online marketplace www.project-forum.biz sets new standards in the market of larger systems in operation and once again brings EPC contractor and final investor efficiently together. A few days after the publication of the 1.8 MWp ground mounted system in the online marketplace, vendor and buyer agreed on the general conditions of the sale. Based on the project documentation provided in the data room, the buyer could quickly evaluate the offer and perform the due diligence process without negative surprises. The entire transaction, from the publication of the offer to financial closing, took less than two months and was completed in April, 2012.
Real alternative for investment companies and family offices
The buyer of the plant is very pleased with the sales process. “We are amazed about how quickly and easily we have found a solar power plant at www.project-forum.biz, which fit exactly our needs,” described Udo Behrenwaldt from UB Solar GmbH in Hofheim (Germany) his experiences. “The team of ProjectForum4t2 knows every detail of the offered projects and you can count on getting a well-prepared documentation. So it is very easy for everyone involved.” With this transaction ProjectForum4t2 once again proves successfully that the marketplace is very attractive for investment companies and family offices.
Trend towards systems in operation
Not least due to the twists and turns of the German energy policy with respect to the Feed-In Tariff there seems to be a trend towards existing installations. “On the one hand, we register an increased demand for systems with already secured feed-in tariffs,” said Karsten Kreissler, General Manager of ProjectForum4t2. “On the other hand, we see a growing willingness of EPC contractors to take installation risks and pre-finance power plants from their own resources.”
