Italian renewables company Altea Green Power has signed a co-development agreement with Irish renewable energy developer Aer Soléir to build a capacity of 300MW in the next 36 months.
Developer Mytilineos has signed a 10-year power purchase agreement with energy giant Statkraft for four solar farms in Italy with a total capacity of 63MW.
Enfinity Global, a renewable energy developer and service provider, has reached financial close on 112MW worth of solar PV projects in Italy, representing €142 million (US$150 million) in VAT and long-term financing.
Spanish oil major Repsol has acquired renewables energy investment platform Asterion Energies from European infrastructure fund Asterion Industrial for €560 million, plus up to €20 million in contingent payments.
A 600MW electricity transmission line between Italy and Tunisia has received €307 million (US$324 million) in funding as part of the EU’s Connecting Europe Facility (CEF) financing programme aimed at developing energy infrastructure across the continent.
German solar developer Juwi, through its Italian subsidiary Juwi Energie Rinnovabili, has acquired 70% shares in Italian developer GEMdev, consolidating its presence in Italy.