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Announced

Eni Gas e Luce and CDP Equity-backed GreenIT to acquire a 110MW on-shore wind portfolio from Fortore Energia Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Infrastructure

Acquisition

Italy

Cross Border

Private Equity

Majority

wind power plants

Friendly

Alternative Electricity

Pending

Synopsis

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Eni Gas e Luce and CDP Equity-backed GreenIT, a joint venture formed to tackle renewable energy generation, agreed to acquire a 110MW on-shore wind portfolio from Fortore Energia Group, an Italian company in the field of wind power generation. Financial terms were not disclosed. The transaction involves 55 wind turbines located in Puglia, in an area with high wind speed and among the most interesting repowering scenarios in the Italian market.

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