Eni’s Plenitude has entered a new partnership with Infrastrutture to develop solar and wind power projects in Italy and Spain by acquiring a 65% stake in Hergo Renewables, a company that holds a portfolio of projects in the two countries with a total capacity of approximately 1.5GW. Infrastrutture will retain the remaining 35% stake.The first project is a photovoltaic plant in Montalto di Castro (VT) with a capacity of 37 MW. Works will commence in the coming weeks. The plant is expected to come into operation in the second half of 2023.
Eni’s Plenitude has entered a new partnership with Infrastrutture to develop solar and wind power projects in Italy and Spain by acquiring a 65% stake in Hergo Renewables, a company that holds a portfolio of projects in the two countries with a total capacity of approximately 1.5GW. Infrastrutture will retain the remaining 35% stake.The first project is a photovoltaic plant in Montalto di Castro (VT) with a capacity of 37 MW. Works will commence in the coming weeks. The plant is expected to come into operation in the second half of 2023.