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Announced

Equitix to invest €220m in photovoltaic assets of Acea.

Synopsis

Equitix, a British infrastructure investment company, agreed to invest €220m in photovoltaic assets of Acea, a multiutility operative in the management and development of networks and services in the water, energy and environmental sectors. "We are very pleased with the agreement signed with Equitix, which will enable the Company to accelerate its expansion in the renewables sector, delivering on the strategy and sustainability targets set out in the Business Plan for the 2020-2024 period, that support the energy transition and decarbonisation. The deal also confirms Acea’s intention to further strengthen its operational role by retaining responsibility for operation and maintenance of the assets transferred to the NewCo and of those to be developed in the future," Giuseppe Gola, Acea CEO.

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