The International Business Times has featured Polaris Energy, a Luxembourg private equity company, in an article detailing the company’s decision to concentrate on buying existing solar power plants following new legislation in Italy.
The Italian government, the world’s second largest photovoltaic market, offers a program that provides opportunities for investors to take advantage of the country’s photovoltaic market. As oil prices remain high and the Japanese tsunami disaster hampers nuclear energy production, the move provides investors a window to make plays in the solar market. With operations throughout Italy, Polaris Energy is “positioned at the forefront of the Italian photovoltaic market,” according to the article.
The company lets investors of all kinds take part. Groups can buy entire finished plants, while individual investors also can participate in ownership.
About Polaris Energy: Headed by tenured international managers, Polaris Energy focuses on acquiring solar power plants connected to the electrical grid. The company uses a Swiss banking program to maximize security for investors.