Iren Group has secured a long-term investment in an advanced agrivoltaic project in Rovigo, Italy, promising sustainable energy production and agricultural integration.
Target Information
The target of this deal is Iren Group, a leading multi-utility company in Italy that provides a wide range of services, including energy generation, electricity and gas distribution, and environmental services. Specifically, Iren has recently been awarded the FER-X auction for an advanced agrivoltaic project in Rovigo, which emphasizes the company’s commitment to sustainable energy solutions and innovative agricultural practices.
The agrivoltaic project will integrate photovoltaic energy production with agricultural activities on a sprawling 65-hectare site. With an installed capacity of approximately 49 MWp, this project aims to generate around 80 GWh of energy annually, sufficient to meet the energy needs of approximately 30,000 households.
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Industry Overview in Italy
The agrivoltaic industry in Italy is emerging as a vital sector within the renewable energy landscape. As the country aims to transition to greener energy solutions, agrivoltaic projects are uniquely positio
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Iren
invested in
Agrivoltaic project in Rovigo
in 2025
in a Other deal
Disclosed details
Transaction Size: $53M
Revenue: $80M