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Renewco acquires late stage solar project pipeline in Italy

Renewco Power is delighted to expand its footprint and pipeline in Italy with the acquisition of a late stage solar project pipeline of 120 MW in Southern Italy from a local developer.

The acquisition of a portfolio of photovoltaic projects in Basilicata, Southern Italy, consists of 6 projects with a total peak capacity of 120 MW.

Federico Nucita, Business Development Director at Renewco Power Italy, commented: "The goal for Renewco in Italy is to develop, by 2028, a capacity of 1 GW between PV and BESS. With this acquisition we are well on our way to achieving this goal and is aligned with our wider development strategy aimed at positioning Renewco as a key player in the energy transition in Italy."

Renewco acquisisce una pipeline di progetti solari in fase avanzata in Italia

Renewco Power espande la propria presenza in Italia con l'acquisizione di un portafoglio di progetti solari in fase avanzata di 120 MW nel Sud Italia da uno sviluppatore locale. Si tratta di 6 progetti fotovoltaici in Basilicata, nel Sud Italia, con una capacità di picco totale di 120 MW.

Federico Nucita, Business Development Director di Renewco Power Italia, ha commentato:

"L'obiettivo di Renewco in Italia è quello di sviluppare, entro il 2028, una capacità di 1 GW tra fotovoltaico e BESS. Con questa acquisizione siamo sulla buona strada per raggiungere questo obiettivo e siamo allineati con la nostra più ampia strategia di sviluppo volta a posizionare Renewco come attore chiave nella transizione energetica in Italia".

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A renewables platform focussed on developing utility-scale solar, wind and storage projects across Europe and the U.S. Led by a highly experienced and entrepreneurial group of renewables executives.

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