EAM Solar AS Minority Interest

What does EAM Solar AS do? EAM Solar ASA generates revenue through the operation of solar photovoltaic power plants acquired in Italy, Germany, and France. The company owns two operational plants: the Codroipo plant in Italy covering 16.85 hectares with 368 dual-axis tracker structures and 4,416 modules, and the Varmo plant covering eight hectares with 184 dual-axis tracker structures and 2,208 modules. These plants have a combined capacity of 4.65 MWp and produce approximately seven GWh of electricity annually. The firm is managed by EAM Solar Park Management, a subsidiary of Energeia Asset Management, and controls 21 power plants following the 2014 transfer of the P31 portfolio. EAM Solar ASA's primary customers are electricity buyers in the European markets where it operates, including Italy, Germany, and France. The company's revenue streams come from selling the electricity generated by its solar plants to these markets. The firm's business model focuses on acquiring existing operational solar power plants to generate steady income from electricity sales without the need for new construction. The company's operations are centered around the management of its solar power plants through EAM Solar Park Management, which oversees the day-to-day operations of the Codroipo and Varmo plants. The P31 portfolio transfer in 2014 expanded the company's asset base to include 21 power plants, enhancing its revenue potential from electricity sales across multiple European countries. EAM Solar AS is one of the most popular companies on Eulerpool.