7C Solarparken AG acquired 31.76 MWp solar parks in Germany from IBC SOLAR AG.

7C Solarparken AG is a Germany-based company engaged in the design, manufacture and operation of solar power plants. It also serves as an independent supplier of solar power systems, cooperating with a network of manufacturers, other suppliers and service providers. The Company divides its business operations into three segments: Plant operation, Projects & Services, and Trade. The Plant operation segment operates a portfolio of a number of solar power plants in Germany. The activities of Projects & Services segment comprise the maintenance and optimization of external photovoltaic systems and own solar power plants, as well as the development of solar projects for private and institutional investors. The Trade segment is engaged in the sales of solar modules and complementary accessories.