A2A to acquire a portfolio of 17 photovoltaic plants from Octopus Renewables for €205m.

A2A, an Italian company, that generates, distributes, and markets renewable energy, agreed to acquire a portfolio of 17 photovoltaic plants from Octopus Renewables, the specialist clean energy investor arm of Octopus Group, for €205m. The acquisition is subject to the approval of the Presidency of the Council of Ministers in accordance with the Golden Power Decree. “This operation represents the first relevant investment in the direction mapped by the new Business Plan presented at the end of January. With the acquisition of these 17 plants, we consolidate our position as the secondlargest operator in renewables by installed capacity in Italy and increase the amount of green energy available to customers," Renato Mazzoncini, A2A CEO.