What is an SPV in a solar project?

Renewable Energy

SPV stands for Special Purpose Vehicle: a company created for a single purpose, owning one project. In Colombia it is set up as an SAS.

Example: "Solar Envigado SAS" exists only to own that solar system; it sells nothing else and runs no other business that could drag it down.

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What is an SPV in a solar project? | FAQ | Circular Urban