A2A Boosts Solar Portfolio with Italian Acquisition

• A2A SpA boosts renewable energy portfolio with acquisition of 70% stake in Parco Solare Friulano 2, adding to their ambitious goal of 5.7 GW by 2035.

Italian utility A2A SpA has acquired a 70% stake in Parco Solare Friulano 2, a company holding the rights to a 112.1-MWp solar photovoltaic park in Northern Italy. The financial details of the investment were not disclosed. The proposed PV park will be located in the municipalities of Santa Maria the Longa and Pavia di Udine in the Friuli-Venezia Giulia region, near another solar plant owned by A2A.

This acquisition is part of A2A's strategy to expand its renewable energy fleet to 5.7 GW by 2035. The utility has committed to investing EUR 16 billion by the end of the decade for energy transition, with over EUR 4 billion earmarked for investments and acquisitions in the renewables sector.

What is A2A's renewable energy fleet expansion strategy in Italy?

• A2A's renewable energy fleet expansion strategy in Italy includes acquiring a 70% stake in Parco Solare Friulano 2, a company holding the rights to a 112.1-MWp solar photovoltaic park in Northern Italy.
• The proposed PV park will be located in the municipalities of Santa Maria the Longa and Pavia di Udine in the Friuli-Venezia Giulia region, near another solar plant owned by A2A.
• A2A aims to expand its renewable energy fleet to 5.7 GW by 2035.
• The utility has committed to investing EUR 16 billion by the end of the decade for energy transition, with over EUR 4 billion earmarked for investments and acquisitions in the renewables sector.