Glennmont Partners completes acquisition of 65 MW solar portfolio in Basilicata
Glennmont Partners, an affiliate of Nuveen Infrastructure, has completed the acquisition of seven solar photovoltaic (PV) projects located in southern Italy and has a combined capacity of 65 MW.
The solar PV portfolio is planned to be constructed in the region of Basilicata. It will be developed in two clusters, with the first expected to begin construction in early 2024 and the other in the second half of 2024.
The projects are expected to be commissioned in the first half of 2025 and the second half of 2026 respectively. The deal is part of Glennmont's fourth clean energy investment strategy and supplements BNZ's aims to create 1.5 GW of renewable power generation in Southern Europe.
Country updates
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March 27, 2023
Enel Green Power commissions 17 MW solar PV project in Emilia-Romagna
Enel Green Power has commissioned the Malvezzi solar photovoltaic (PV) project in the northern Italian region of Emilia-Romagna. The project is located in Poggio Renatico, spans over 22 hectares, and...
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March 21, 2023
Solitek to build 600 MW of Italian solar module factory
Solitek has announced plans to build a new solar module factory in southern Italy. The factory will be located in Benevento and is expected to have an annual capacity of 600 MW. With an initial invest...
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March 20, 2023
Eni completes installation of wave energy converter project in Italy
Eni has completed the installation of an inertial sea wave energy converter (ISWEC) device connected to the Italian island of Pantelleria's electricity grid. The project consists of a steel hull 8 m b...
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March 10, 2023
Galileo, Hope Group form JV for 1.1 GW floating wind project in Italy
Galileo has entered into a joint venture with Hope Group for the development of a 1.1 GW floating wind project located in the Adriatic Sea in Italy. The project named 'Barium Bay, will be located more...
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March 09, 2023
Eko Agro Group plans to develop Italian agri-photovoltaics projects
Eko Agro Group (EAG) has signed a preliminary agreement with RWE Renewables Italia to develop 35 Agri-Photovoltaic (APV) sites in Italy, covering approximately 850 ha of agricultural land across sever...
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