The Karadzhalovo Solar Park is a 60.4 megawatt (MW) solar farm, one of the largest in Bulgaria. It has 214,000 photovoltaic panels,Guide-Bulgaria : US SunEdison built near village of Karadzhalovo the biggest solar park on the Balkans and cost 350 million Bulgarian lev (approximatively $248 million).Solar Investment Slumps in Q1 2012; Companies Come Together and Join Forces to Pull Through It has been completed in March 2012 after 4 month of construction.Guide-Bulgaria: US company sold its solar station in village of Karadzhalovo
Financing The total project cost amounting to 181.4 million in Euro was financed by: a loan of EUR 155 million from a group of investors led by IFC with IFC (International Financial Corporation) providing EUR 46.1 million UniCredit Group - EUR 41.1 million OPIC (Overseas Private Investment Corporation) - EUR 50 million UniCredit Bulbank Bulgaria completed the investment with a separate EUR 30 million loan
Three month after completion, it was resold to the Malta-based ACF Renewable Energy, which is reported to be owned by investors from the US, Sri Lanka, India and Pakistan.Seenews.Renewables : SunEdison sells 60-MW Bulgarian solar park to ACF Renewable - report The selling price has been reported to be equal to the construction price of BGN 350 million.
See also
Photovoltaic power station List of largest power stations List of photovoltaic power stations
References