Sky Solar Holdings, Ltd. has acquired a 24mw portfolio of small generator solar projects developed by Italy based smart energy company Renergetica, including three Chile-based shovel-ready projects. The Chilean small generator program (PMG) is available to solar projects of 9mw or less. PMG allows these projects to sell electricity to the grid at a stabilised price. This price is based on the forecast marginal cost over the next ten years and is set by the CNE every six months.