Portuguese fund manager Horizon Equity Partners is investing EUR 15.3 M in 2 solar parks in Cascais, Portugal. The solar parks will have a capacity of 4.4 MWp, that will lead to a yearly capacity of 7,000 MWh according to O Jornal Económico.
Horizon Equity Partners is one of the 14 venture capital funds chosen by development bank Banco Português de Fomento for its program to consolidate the projects of SMEs and the solar parks will be built under their Infrastructure Fund.