Italian group Agsm Aim announced it had finalised the acquisition of four wind farms located in the province of Foggia, southern Italy, from Aren Electric Power S.p.A. and Sistemi Energetici S.p.A. The total installed capacity of the sites reaches 52.6 megawatts (MW), with an estimated annual production of over 105 gigawatt-hours (GWh). This output is equivalent to the average consumption of 40,000 households.
An expansion of strategic asset portfolio
The operation includes the Elce 2 (26.3 MW), Spartivento (13.5 MW), La Pescia (8.4 MW) and Ramatola (4.4 MW) sites. With this acquisition, Agsm Aim’s installed renewable capacity reaches 231 MW. The turbines are supplied by tier-1 manufacturers, recognised for their performance and reliability worldwide. All sites benefit from the main national incentive schemes, ensuring a stable economic framework for the investment.
Medium-term growth targets
Agsm Aim Chairman Federico Testa stated that this operation represents “a strategic step” towards the group’s expansion in renewables, in line with the targets of the 2025–2030 Industrial Plan. This plan aims to reach more than 1 terawatt-hour (TWh) of annual production by the end of the decade. The development of the wind portfolio complements investments already made in solar.
Managing Director Alessandro Russo specified that this diversification of renewable sources will generate more value in the areas concerned while strengthening the group’s stability in the face of energy market volatility.
Asset rotation strategy for Aren
For Aren Electric Power S.p.A., the sale is part of an asset rotation programme set out in its 2025–2027 industrial plan. According to Chief Executive Officer Gabriele Gentili, the goal is to free up resources for future investment projects. The group stated that the transaction would accelerate its growth and allow it to reposition its activities in higher-value-added segments.
