Announced
Completed
Financials
Sources
Tags
Alternative Fuels
Italy
Domestic
Friendly
Private Equity
Private
Acquisition
Majority
Single Bidder
wind power plants
Completed
Synopsis
Edison, an Italian energy operator, completed the acquisition of a 70% stake in E2i Energie Speciali, an operator of wind-powered plants, from F2i, an Italian asset management company, for $700m. “Edison has a leading role in the Italian energy transition. Through this transaction, we concretely demonstrate our commitment to renewables and our contribution to reach National Integrated Energy and Climate Plan (PNIEC) targets. I would like to express my warm thanks to our partner F2i: today we are one of the most relevant wind operators in Italy thanks to many challenges we’ve faced together since 2014," Nicola Monti, Edison CEO.
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