F2i, Italian infrastructure fund, completed the acquisition of Renovalia Energy Group, Spanish solar energy operator from Cerberus, a private equity firm. Financial terms were not disclosed. The acquisition was done F2i's subsidiary EF Solare. "The acquisition of Renovalia is strategically very important. F2i once again confirms the uniqueness of its role in Italy through its ability to attract Italian and foreign capital to support the development of Italian companies. By expanding the scale of our companies' operations, they can now play a leading role in Europe which benefits the entire country. This acquisition confirms F2i's determination to be a leader in renewable energy to contribute to the carbon reduction targets set in the 2020 climate energy plan: F2i is already the largest renewable energy operator in Italy in terms of installed capacity,” Renato Ravanelli, F2i CEO.