Foresight Energy Infrastructure Partners and JLEN Environmental Assets Group have jointly acquired a 90% stake in Energie Tecnologie Ambiente S.r.l., boosting their investment in Italy's energy-from-waste sector.

Target Information

Foresight Energy Infrastructure Partners S.C.Sp and JLEN Environmental Assets Group (UK) Limited have jointly acquired a 90% equity stake in Energie Tecnologie Ambiente S.r.l. (ETA). Both Foresight and JLEN each hold a 45% share, while the seller, Marcegaglia Investments S.r.l., retains a 10% equity stake. This acquisition involves an investment of €53.5 million and is expected to complete by the end of May 2021. Located in the Apulia region of southern Italy, ETA is operational since 2012 and hosts a 16.8MW energy-from-waste (EfW) power plant.

The plant processes Refuse Derived Fuel (RDF) from household waste and generates approximately 126,000 MWh of electricity annually—enough to power around 35,500 homes. By processing about 137,500 tonnes of waste each year, ETA plays a critical role in diverting waste from landfills, thereby contributing to local waste management initiatives.

Industry Overview

The energy-from-waste sector in Italy has experienced substantial growth in response to increasing waste generation and burgeoning environmental regulations. As the country aims to transition toward sustainable energy sources, the EfW plants are becom