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Freiburg, Germany-based solar developer S.A.G. Solarstrom AG has sold five ground-mounted photovoltaic facilities in Germany to an undisclosed private investor, reports Bloomberg New Energy Finance (BNEF).

According to BNEF, the solar arrays total 12 MW and were built between 2007 and 2008. Solarstrom told BNEF that the transaction value was in the "double-digit million" range, but the developer did not offer further information.

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