F2i, the leading Italian infrastructure fund, announced today it has completed its acquisition
of Spanish solar energy company Renovalia from an affiliate of Cerberus Capital Management, L.P. (“Cerberus”). The
agreement was signed and announced last December. The acquisition, made by the fund's EF Solare subsidiary, of
one of the main Spanish players involves about 1,000 Megawatts of solar power, 102 of which come from nine
plants already in operation and another 879 Megawatts from authorized projects currently being developed.