Verbund signs agreement to acquire 250 MWp solar PV portfolio in Apulia
VERBUND has signed a cooperation agreement with the PV-Invest Group and acquired a solar photovoltaic (PV) project portfolio in Italy with a maximum capacity of 250 MWp.
The portfolio comprises a pipeline of up to 45 greenfield PV installations in Apulia, which is still in the approval phase. Each project has a capacity that is less than 10 MWp. Beginning in Q3 of 2023 and continuing through mid-2024, the solar farms will become gradually build-ready, with the majority going online by the end of 2024.
The acquisition of the project is not yet contractually tied to an investment decision, which will be made only when the projects are ready for construction and contingent on VERBUND's (profitability) criteria being met.
Country updates
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November 29, 2022
RWE starts commercial operation of 25.2 MW Selinus wind farm in Sicily
RWE has started the commercial operation of the 25.2 MW Selinus wind farm located in Sicily, Italy. The facility consists of six V136 wind turbines with a rated power of 4.2 MW suppli...
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November 24, 2022
Sunwin Energy divests 375 MWp Italian solar portfolio
Sunwin Energy and an unnamed company have signed an agreement for the sale of 375 MW of solar projects in Italy. The portfolio includes 15 ground-mounted photovoltaic (PV) farms with individual capac...
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November 23, 2022
Green Arrow Capital invests in 55 MWp Italian wind portfolio
Green Arrow Capital SGR (GAC) has acquired a 70% share in a portfolio of five wind projects in Italy. The operational wind farms were constructed by the Lazzari & Lucchini SpA Group (L&L), whi...
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November 22, 2022
Green Arrow, Lazzari & Lucchini Group (L&L) enter deal to acquire 70% stake in 55 MW wind portfolio in Italy
Green Arrow Capital (GAC) has entered into an agreement with the Lazzari & Lucchini Group (L&L) for the acquisition of a 55 MW onshore wind portfolio located in Italy. The wind por...
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October 31, 2022
EGP starts commercial operation of 29.4 MW Castelmauro wind project in Molise
Enel Green Power (EGP), a renewable energy developer unit of Enel Group, has started the commercial operation of the 29.4 MW Castelmauro wind farm project located between the municipalities...
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