SunRay Renewable Energy
Company HeadquartersValletta, Malta
SunRay Renewable Energy was engaged in the development of a portfolio of solar energy projects, including both solar parks and rooftop installations, across Europe and the Mediterranean. The solar plants would take advantage of European Union incentives to produce clean electricity from solar power with zero emissions of greenhouse gases. SunRay's 24 MW Montalto di Castro project financing was named "Solar Deal of the Year" at Project Finance International's 2009 Europe awards.
Denham exited this investment in 2010.