WFW advises Encavis on sale of 93 MW European renewables portfolio5 December 2023
The portfolio comprises a total of nine wind parks and two solar parks.
The portfolio comprises a total of nine wind parks and two solar parks.
This is Ilios’ first green hydrogen production project in Italy.
The four projects will have a total capacity of up to 200 MW and use agrivoltaic technology.
Photosol intends for this inaugural investment to be the first of many in the Italian market.
The transaction marks a key step in PSL’s aim to reach 5 GW of renewable capacity across Europe by 2026.
WFW has promoted eleven lawyers to the firm’s partnership for 2023.
The projects will have an overall installed capacity of approximately 2 GW.
The plants will each use circa 54,000 tonnes of compost annually.
The portfolio comprises six solar PV parks located in Piedmont in northern Italy.
The two plants are estimated to be operational by 2025 and will have a capacity of circa 20.4 MW and 51.2 MW.
Agrivoltaic plants are hybrid installations that promote efficient cooperation between the energy, food and agriculture sectors. This cooperation creates favourable microclimates for the growth of certain crops. Benefits range from efficient food production to water saving and enhanced energy production from renewable sources.
The Italian government has announced new measures on the procedure for drilling to secure the long-term supply of domestically produced natural gas initiated in its new Aiuti quater Decree.
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