Announced

Crédit Agricole Assurances to acquire a minority stake in Whysol Renewables.

Synopsis

Crédit Agricole Assurances, an insurance group, agreed to acquire a minority stake in Whysol Renewables, an Italian independent renewable power producer. Financial terms were not disclosed. "We are proud to be part of this strategic agreement with CAA, a highly reputable long-term investor, to advance a visionary plan integrating renewable energy production with cutting-edge battery energy storage systems. Together with CAA, we are committed to driving meaningful and lasting impact in the sector by leveraging our expertise in storage infrastructure, supported by Italy’s advanced regulatory framework—the most progressive in Europe for batteries. This milestone brings us closer to our vision of a more efficient, sustainable, and reliable energy system," Alberto Bitetto, Whysol Investments CEO.

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