Eni buys 70% of Evolvere
Eni gas e luce, the energy retail company 100% controlled by Eni, has signed an agreement with L&B Capital, Evolvere S.p.A.’s main shareholder, by which it acquires 70% of Evolvere S.p.A., with a possibility to acquire the remaining 30% of the company in the future, at the terms already agreed between the parties.
Evolvere is a leader in the distributed generation sector in Italy, with around 11,000 photovoltaic plants, accounting for around 58 MW of total installed power. Among these, it owns around 8,000 plants installed on domestic customers’ and businesses’ rooftops. The company’s offer includes the sale, installation and maintenance of solar photovoltaic plants and batteries for residential customers and businesses up to 20 KW.
Country updates
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October 31, 2019
SR Investimenti buys PV portfolio in Italy
SR Investimenti has acquired 9 rooftop solar photovoltaic plants from Building Energy’s Milan-based division. The 9 PV plants are located in Lombardy, Marche and Emilia-Romagna regions, and hav...
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October 31, 2019
Quercus offloads 320 MW of solar, wind assets
Quercus Investment Partners has sold 320 megawatts of wind and solar power assets to Italian private equity Green Arrow Capital (GAC) for an undisclosed amount. The solar and power assets are active...
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October 24, 2019
TerniEnergia signed the closing sale for 11 solar PV plant portfolio in Italy
TerniEnergia has completed the sale of 11 solar photovoltaic plants in Italy with a total installed capacity of 9.4 MW, to Mareccio Energia S.r.l., a platform for the aggregation of photovoltaic plant...
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October 23, 2019
Siemens Gamesa acquires 8.9GW of assets of Senvion Group
Siemens Gamesa Renewable Energy has reached an agreement to acquire selected European assets of Senvion Group for EUR200 million (US$223 million).
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October 23, 2019
KGAL in three-way solar PPA for its 53 MW solar power plant in Italy
KGAL has signed a power purchase agreement for a 53 MW Italian solar PV park with steelmaker ORI Martin via Swiss trader DXT Commodities. The solar plant is expected to be completed in the second...
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