01/31/2023

Italy: Enfinity Global and Statkraft sign long-term PPA

“It has been a pleasure developing this partnership with Enfinity Global. This important deal, representing one of the biggest PPA transactions in the country, confirms Statkraft’s positioning as a key player in power purchase agreements markets and the strategic role the company has in facilitating the renewable energy transition” says Gennaro Mathieu D'Annucci, Head of Origination Italy and France at Statkraft.

Official Press Release Statkraft:

Enfinity Global and Statkraft sign long-term PPA for the commercialization of 191 GWh of clean electricity per year in Italy

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Enfinity Global, a leader in the energy transition, and Statkraft, Europe’s largest generator of renewable energy, signed a 10-year solar power purchase agreement (PPA) in Italy. The committed energy will be produced by a 112 MW utility-scale solar power portfolio owned by Enfinity Global.

The portfolio, consisting of three power plants located in the Viterbo province (Lazio region), is expected to become operational in the first half of 2024. It will produce 191 GWh of clean electricity per year, enough to power 71,000 homes and offset 76,500 tons of CO2 emissions, equivalent to the amount captured by 3,500 mature trees. “We are very appreciative to partner with a world class leader like Statkraft as we continue to build our current 2.3 GW of solar power... ... More: Official Press Release Statkraft