Banco BPM-backed iAM Capital to acquire nine photovoltaic plants for €20.9m.

Banco BPM-backed iAM Capital, a global investment firm, agreed to acquire nine photovoltaic plants for €20.9m. "We are very pleased to have closed this financing with Banco BPM, which demonstrates their confidence in our business model and our ability to execute transactions in the renewable energy sector. The funding will optimize the performance and value of these PV plants and provide capital resources to allow us to further expand our portfolio in Italy," Emanuel Arbib, iAM Capital CEO.