Fontavis, an asset manager, and GR Value, a renewable energy generation company, agreed to invest in an Italy 15 MW operational PV portfolio. Financial terms are not disclosed. “The transaction marks a next step in Fontavis’ history and substantially increases the footprint in Italy. Clients are benefitting from an increased diversification of their investment portfolio, both in terms of investing countries and technologies,” Marc Schürch, Fontavis Head of International Investments.