EOS Investment Management and Capital Dynamics have jointly acquired a solar PV project in Italy's Lazio region, boasting a capacity of 87.1MW and promoting subsidy-free renewable energy development.

Information on the Target

The newly acquired solar photovoltaic (PV) project in Italy's Lazio region is poised to become one of the country's significant contributors to renewable energy generation. With a total installed capacity of 87.1 MW, this project is equivalent to the annual electricity needs of approximately 68,000 households. Notably, it is among the largest solar developments in Italy that will operate without relying on public subsidies, showcasing a strategic shift towards independent renewable energy initiatives.

This project has already commenced construction and will create over 120 job opportunities during its development phase, utilizing local resources to foster community involvement. Additionally, it has secured a long-term power purchase agreement, ensuring a stable revenue stream and reinforcing its financial viability.

Industry Overview in Italy

Italy's renewable energy sector is experiencing significant growth, driven by both governmental initiatives and a strong commitment from private investors to transition towards cleaner energy sources. The count