JPMorgan-advised Fund Secures Controlling Stake in Falck Renewables

Italy’s Falck family of industrial magnates will receive 1.5 billion euros ($1.8 billion) from the sale of its controlling stake in Falck Renewables to a JPMorgan-advised infrastructure fund, the company said on Wednesday. The Falcks, who built their fortune in steel over the last century before switching to renewables in the late 1990s, are selling […]

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CCE Group, Enernovum Secure Funds for 600MW Solar Portfolio in Italy

A joint venture of CCE Group and Enernovum called CCE Solar Invest has secured finance for a portfolio of 14 solar farms totalling 600MW in Italy. The three-year loan from Kommunalkredit Austria is for projects in the Lazio, Tuscany and Apulia regions. It has been granted for the purpose of obtaining authorisation and pursuing the relevant […]

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Italy Offers 3.3 GW Wind & Solar in New RE Tender

Italy’s state energy management agency Gestore dei Servizi Energetici (GSE) has launched the country’s seventh renewable energy tender that is expected to award 3,312MW of solar photovoltaic and wind capacity. The tender was opened last week and the latest contracting process includes unallocated capacity in previous six unsubscribed auctions, totalling 2,485 MW. Italy’s sixth tender ended up […]

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WAAREE’s Solar Modules to Power Austrian Firm Borealis’s Plant in Italy

Waaree Energies, one of India’s largest solar manufacturers has supplied its solar PV modules to Austrian chemical firm, Borealis’s plant in Monza, Italy. Waaree is providing its solar modules for the installation of first solar PV rooftop array for electricity generation at the Austrian firm’s plant.  Borealis is one of the world’s leading providers of […]

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Italian Wind Firm ERG Acquires 80 MW Renewables Portfolio in France

Leading Italian wind power operator ERG announced in a press release on Friday its acquisition of a company that holds an operational renewables portfolio of 80 MW in France. ERG, through its subsidiary ERG Eolienne France, has signed an agreement with FPCI Capenergie 3, a fund managed by the Paris-based private equity investor Omnes Capital, to […]

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Maire, Mytilineos Conduct Joint Feasibilty Study on Green H2 Plant in Italy

In a joint statement released yesterday, Italy-based Maire Tecnimont’s subsidiary NextChem and Greece-based MYTILINEOS’ Renewable and Storage Development Business Unit (RSD BU) announced their signing of an agreement to together carry out a feasibility study for the development of a green hydrogen plant in Italy. NextChem is Maire Tecnimont’s subsidiary operating in the field of […]

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FIMER Establishes Centre of Excellence for R&D for the Utility sector in Italy

FIMER has announced plans to set up its new R&D Center of Excellence for the utility sector in Italy, close to its manufacturing facilities, located in Vimercate and Terranuova Bracciolini. This strategic move will enable FIMER to increase its focus on solutions innovation while enhancing its responsiveness to customer needs. It will reinforce FIMER’s strategy […]

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Italian Firms ERG & Telenergia Sign 10-Year PPA for Green Energy Supply

ERG Power Generation and Telenergia have signed a ten-year corporate PPA (Power Purchase Agreement) for the supply of 3.4 Terawatt-hours (TWh) of green energy for the period 2022-2031. While the former is a subsidiary of ERG, primary independent producer of electricity from renewable sources, the latter is a subsidiary of TIM, leading group in Italy […]

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EIB Provides €100 million to Dolomiti Energia for Energy Efficiency and Combating Climate Change

The European Investment Bank (EIB) and Dolomiti Energia Group have signed a €100 million finance contract to support the company’s 2021-2024 development plan. The investment is in line with Italian and European energy and environment policies for achieving the objectives of the energy transition, decarbonisation and sustainable networks. In particular, the resources will support Dolomiti Energia in projects […]

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