Equitix strengthens position in Italy’s solar market by increasing its stake in joint venture with ACEA
Equitix has increased its stake in its joint venture with ACEA to 90% and expanded the photovoltaic (PV) solar portfolio in Italy to 144MWp through additional acquisitions.
Equitix, Europe’s leading mid-market infrastructure investor, increased its stake in its joint venture with ACEA to 90% and also expanded the portfolio to 144MWp through additional acquisition.
Equitix first partnered with ACEA in 2022 on a 60:40 basis and has since worked closely to optimise performance and unlock synergies. ACEA will continue to manage operational aspects and retain control of a significant portion of off-take contracts through long-term power purchase agreements (PPAs).
This strategic partnership brings Equitix’s operational photovoltaic (PV) solar portfolio in Italy with ACEA to 144MWp, reinforcing its commitment to accelerating the clean energy transition in Europe.
The portfolio comprises high-performing, grid-connected solar plants with a proven track record, delivering reliable renewable power to the Italian market. These assets are expected to generate stable, long-term cash flows while supporting Italy’s decarbonisation goals.
Equitix first partnered with ACEA in 2022 on a 60:40 basis and has since worked closely to optimise performance and unlock synergies. ACEA will continue to manage operational aspects and retain control of a significant portion of off-take contracts through long-term power purchase agreements (PPAs).
This strategic partnership brings Equitix’s operational photovoltaic (PV) solar portfolio in Italy with ACEA to 144MWp, reinforcing its commitment to accelerating the clean energy transition in Europe.
The portfolio comprises high-performing, grid-connected solar plants with a proven track record, delivering reliable renewable power to the Italian market. These assets are expected to generate stable, long-term cash flows while supporting Italy’s decarbonisation goals.
Achal Bhuwania, Equitix CIO said: “Italy is a core market for Equitix and this acquisition strengthens our ability to deliver sustainable energy solutions and long-term value for our investors. We look forward to strengthening our partnership with ACEA while growing our solar portfolio in the region further.”
Equitix has been investing in Italy for over a decade, recently celebrating this milestone in Milan. The business positions itself to capitalise on the country’s strong renewable energy momentum, supported by political stability and attractive energy pricing.
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Equitix
London, United KingdomWe are a responsible investor, investing in, developing and managing global infrastructure assets, which materially contribute to the lives of the communities they serve.
We employ over 200 professionals across 15 locations, managing over 360 assets in over 20 countries globally, with a current AUM of $12bn.
infrastructure
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