Edison and Blunova join forces for a floating offshore wind farm in Sicily

Edison, a major player in the Italian energy sector, has signed an agreement with Blunova SpA to develop a 975 MW floating offshore wind farm off the coast of Sicily. The project, currently in the authorization phase with the Ministero dell’Ambiente e della Sicurezza Energetica (MASE), is located more than 25 km off the coast of Pozzallo.

Strategic agreement

Edison has acquired a 50% stake in Wind Energy Pozzallo S.R.L., the company that owns the project. Blunova SpA, part of the Carlo Maresca Group, contributes its expertise in the development of renewable energy plants. This agreement strengthens Edison’s position in the renewable energies sector and aims to increase its green installed capacity.

Investments and economic benefits

The floating wind farm project represents a significant investment in Italy’s energy infrastructure. Construction, scheduled over three years, and maintenance operations will generate local economic opportunities and strengthen the country’s energy security. Marco Stangalino, Vice President and Head of Energy Assets at Edison, emphasized the importance of this partnership in achieving Edison’s green capacity growth targets of 5 GW by 2030. The project is aligned with Italy’s National Integrated Energy and Climate Plan (PNIEC).

Market outlook

This floating offshore wind project marks a step forward in the development of renewable energies in Italy. Wind Energy Pozzallo, which has no direct employees, will draw on the expertise of Edison and Blunova for the permitting and project engineering phases. The project also strengthens Edison’s competitive position in the European renewable energy market, diversifying its energy portfolio and meeting the growing demand for clean energy. The agreement between Edison and Blunova underlines the importance of strategic partnerships in the energy sector for the development of large-scale projects, supporting the sector’s growth and innovation objectives.