Green Arrow Capital SGR, an Italian independent alternative asset managers, is further consolidating its leadership in renewables with an investment in Spain aimed at consolidating its presence abroad. The Group has announced that it has signed a framework agreement through the Green Arrow Infrastructure of the Future Fund with Progressum Energy Developments aimed at acquiring ready-to-build solar PV plants in Spain with an overall expected capacity of 508 MW and a total value of over €400 million. GAIF is the new infrastructure fund, managed by Green Arrow Capital, launched at the beginning of 2021.