7C Solarparken AG (DB:HRPK) agreed to acquire three operating PV assets across Bavaria and Mecklenburg-Vorpommern on February 19, 2019. The transaction includes a 1.1 MWp freefield PV park in Blankenberg, a 1.5 MWp freefield PV park in Glasewitz and a 0.6 MWp freefield PV park in Stephansposching. In a related transaction, 7C Solarparken also agreed to acquire a 77 MWp PV Portfolio from Ernst Russ AG. The combined deal value is €14 million of which ca. 65% is financed through takeover of the existing project debt facilities. The transaction is subject to common transactional conditions precedent.