March 30, 2020 – VERTEQ Capital exits 2016 S-Solar investment for 22% IRR

VERTEQ Capital is pleased to announce that it has completed the exit from its 2016 minority investment in S-Solar, the portfolio of photovoltaic plants controlled and managed by Gruppo Industriale Maccaferri with 9.5MWp of installed capacity.

Today’s sale proceeds add to semi-annual profit distributions received so far, taking overall realized cash-on-cash money multiple to 1.8 times invested capital in 3.4 years, for an overall realized IRR for VERTEQ and its co-investors of 22%.

This is way above expectations based on typical market returns for investment assets of this kind.

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