Enel agrees sale of 108 MW biomass portfolio to F2i SGR
Enel has agreed to sell five biomass assets with a combined capacity of 108 MW to F2i SGR for EUR 335 million (USD 388m). The assets included are:
- Mercure biomass plant in Calabria (in operation)
- Finale Emilia biomass plant in Emilia Romagna (in operation)
- 50% stakes in Powercrop -- a joint venture with Maccaferri that owns the plants that are being built at Russi and Macchiareddu in Emilia Romagna and Sardinia
- Casei Gerola biomass project in Lombardy
The sale of the Casei Gerola project awaits the final authorisation.
The transaction is pending for approval by Italy's antitrust authority and could be implemented through individual transfers of the assets between 2018 and 2019.
Country updates
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June 13, 2018
Marguerite II invests in energy-efficient public lighting in Italy
Pan-European equity fund Marguerite II has invested in City Green Light, one of the largest private operators of public lighting in Italy. This follows the investment by Fondo...
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June 12, 2018
A2A SpA has dropped out of the bidding race for RTR Rete Rinnovabile
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June 05, 2018
Ellomay Capital refinances Italian assets to invest in 300 MW Talasol project
Ellomay Capital Ltd., developer of renewable energy and power projects in Europe and Israel, has announced the close of a EUR35.9 million (US$41.9 million) project finance deal to...
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May 07, 2018
Enel SpA, F2i SGR and ERG SpA are among the bidders competing for the acquisition of RTR and its solar portfolio
Enel SpA, F2i SGR and ERG SpA are among the bidders competing for the acquisition of RTR and its solar portfolio. At least six bids have been submitted. RTR intends to shortlist a group of final bidde...
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May 04, 2018
Vestas will supply and install V117-3.45 MW turbines in Load Optimised Mode for the project
Vestas will supply and install V117-3.45 MW turbines in Load Optimised Mode for the project. Deliveries are expected to be made by the end of 2018 so that the project can be commissioned in the first...
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