Italian renewable energy developer Limes has sold a 287MW portfolio of solar PV and wind power projects to an unnamed “international independent power producer (IPP)”.
Held by Italy’s energy management agency Gestore dei Servizi Energetici (GSE), the tender will allocate €323 million (US$349 million) to fund agriPV projects.
Through the joint venture, Italian Renewable Platform, the partnership aims to own, develop, build and operate up to 250MW of renewable energy projects in Italy, including a portfolio of solar PV projects.