SUBSCRIBE
PROFILE

Greenvolt sells 153 MWp of solar projects in Italy to Nuveen Infrastructure

Greenvolt sells 19 solar projects in Italy, totaling 153 MWp, to Nuveen Infrastructure for €18.7 million, as part of its asset transfer strategy.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

START NOW — 4.90$/month

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

SUBSCRIBE — 99$/year

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Sign up for free to unlock this article

Greenvolt announces the sale of 19 photovoltaic projects in Italy to Nuveen Infrastructure for 18.7 million euros.
The projects, spread across several Italian regions, will reach the “Ready to Build” phase between 2024 and 2025, with a total capacity of 153 MWp.
This transaction is in line with Greenvolt’s strategy of developing projects through to the construction phase, before selling them to institutional investors.
The company aims to optimize its operations by focusing on the initial development of projects, an approach that attracts players such as Nuveen Infrastructure.
This method of transferring assets frees up Greenvolt’s resources to finance other developments, while strengthening its presence in various European energy markets.

Green Horse coordination and pipeline outlook

The transaction with Nuveen Infrastructure is facilitated by Green Horse, which is playing a key role in structuring the agreement.
This partnership enables Greenvolt to pursue its strategy of monetizing its assets.
At the end of the first quarter of 2024, Greenvolt’s project portfolio will reach 8.6 GW, with a majority of projects earmarked for sale.
For the current year, the company plans to sell over 500 MWp.
This selective sales strategy is part of an efficient capital allocation and portfolio management approach.
By selling a large proportion of its projects to strategic partners, Greenvolt reduces its financial risks while maintaining its ability to quickly reposition itself on new opportunities.

International development and business diversification

Greenvolt is diversifying its activities beyond Utility Scale projects, also focusing on Distributed Generation and battery storage solutions.
Active in 17 countries, the Group is expanding its self-consumption platform across Europe, and is also producing energy from residual biomass in Portugal and the UK.
This expansion reflects a diversification strategy designed to meet the demands of a rapidly changing market.
By operating in several segments of the energy market, Greenvolt adopts an agile approach, enabling it to adjust its investments in line with regional dynamics and regulations specific to local markets.

  • Popular on energynews.pro
Monkey Island LNG integrates ConocoPhillips technology in strategic agreement
Vattenfall invests in new 63MW onshore wind farm in Scotland
GTT wins contract for LNG tanks on floating unit in Africa
Anglo American and Teck merge to form copper giant in zero-premium deal
Envision Energy enters Turkish market with 232 MW wind project
Guyana to tighten contractual framework for oil production
Re-elected president Irfaan Ali announces stricter production-sharing agreements to increase national economic returns.
Coal India launches 5 GW of solar and wind projects across the country
Coal India issues tenders to develop 5 GW of renewable capacity, split between solar and wind, as part of its long-term energy strategy.
US utilities plan 147 GW in new high-load capacity by 2035
US utilities anticipate a rapid increase in high-intensity loads, targeting 147 GW of new capacity by 2035, with a strategic shift toward deregulated markets.
France: RTE launches public debate on €100 billion for the power grid
France opens a national consultation on RTE’s plan to invest €100 billion by 2040 to modernise the high-voltage electricity transmission grid.
California speeds up permits to secure federal tax credits
Governor Gavin Newsom orders state agencies to fast-track clean energy projects to capture Inflation Reduction Act credits before deadlines expire.
German industry warns of €5.4tn energy burden by 2049
Germany’s energy transition could cost up to €5.4tn ($6.3tn) by 2049, according to the main industry organisation, raising concerns over national competitiveness.
Power cuts plunge Iranian businesses into lasting operational crisis
Facing blackouts imposed by the authorities, small businesses in Iran record mounting losses amid drought, fuel shortages and pressure on the national power grid.
T Plus to maintain electricity production at 57.6 TWh in 2025
Russian group T Plus plans to stabilise its electricity output at 57.6 TWh in 2025, despite a decline recorded in the first half of the year, according to Chief Executive Officer Pavel Snikkars.
French energy regulator corrects ten public claims on costs and production
In France, the Commission de régulation de l’énergie issues a clarification on ten statements shared over the summer, correcting several figures regarding tariffs, production and investments in the electricity sector.
Dozens of scientists denounce climate report deemed biased by US Department of Energy
A group of 85 researchers challenges the scientific validity of the climate report released by the US Department of Energy, citing partial methods and the absence of independent peer review.
Five new projects obtain CB RES status and join the Commission list
Five energy infrastructure projects have been added to the list of cross-border renewable projects, making them eligible for financial support under the CEF Energy programme.
Tanzania bets on compressed natural gas to cut oil imports
The Tanzanian government launches a national consultation to accelerate the rollout of compressed natural gas, mobilising public and private financing to secure energy supply and lower fuel costs.
Kuwait launches tenders for 1.8GW energy and water project
The Kuwaiti government has invited three international consortia to submit bids for the first phase of the Al Khairan project, combining power generation and desalination.
NNPC Ltd keeps Port Harcourt refinery and focuses on rehabilitation
Nigeria’s state-owned oil company abandons plans to sell the Port Harcourt refinery and confirms a maintenance programme despite high operating costs.
Political crisis in France: energy roadmap threatened by new delay
The publication of the Multiannual Energy Programme decree, awaited for two years, is compromised by internal political tensions, jeopardising strategic investments in nuclear and renewables.
EIA delays key reports after 30% staff reduction
The US Energy Information Administration reschedules or cancels several publications, affecting the availability of critical data for oil, gas and renewables markets.
Brazil dismantles criminal fuel network worth BRL52bn
Brazilian authorities have launched a large-scale operation targeting a money laundering system linked to the fuel sector, involving investment funds, fintechs, and more than 1,000 service stations across the country.
Natural gas and solar receive broad support across the United States
A national study by the Davies Group reveals widespread American support for the simultaneous development of both renewable and fossil energy sources, with strong approval for natural gas and solar energy.
Seoul Imposes 25% Cut in Petrochemical Capacity to Stabilize the Sector
The South Korean government compels ten petrochemical groups to cut up to 3.7 million tons of naphtha cracking per year, tying financial and tax support to swift and documented restructuring measures.
Washington extends emergency orders to strengthen Puerto Rico’s power grid
The U.S. Department of Energy has extended until November the emergency measures aimed at ensuring the stability of Puerto Rico’s power grid against overload risks and recurring outages.

Log in to read this article

You'll also have access to a selection of our best content.