Capital Dynamics Scores Two Italian PV Sites

• Capital Dynamics invests in two solar PV projects in Sicily, Italy with 324GWh of clean energy per annum, reducing 87,000 tonnes of CO2 emissions and enough electricity to power over 63,500 homes. Investing €1.8m in local community support while increasing Italy's annual generation capacity to 1TWh.

Capital Dynamics, an independent global asset management firm, has acquired a 100% equity stake in two fully consented, construction-ready solar PV projects in Sicily, Italy. The projects, supported by long-term PPAs, are estimated to generate approximately 324GWh of clean energy per annum, equivalent to avoiding 87,000 tonnes of CO2 emissions and enough electricity to power over 63,500 homes. This will increase the firm’s gross annual generation capacity in Italy to ca. 1TWh, while investing €1.8m in local community support.

What Impact Does Capital Dynamics' Solar PV Projects Have?

• Capital Dynamics' investment in two solar PV projects in Sicily is estimated to generate 324GWh of clean energy annually, providing enough electricity to power over 63,500 homes.
• Through the projects, Capital Dynamics will be able to reduce 87,000 tonnes of CO2 emissions each year.
• The investment of €1.8m in local community support will benefit the local economy in Sicily.
• By increasing its gross annual generation capacity in Italy to ca. 1TWh, the solar PV projects can help to reduce the country's reliance on fossil fuels.
• Capital Dynamics' investment in solar PV projects in Sicily is part of the firm's wider commitment to renewable energy, with an aim to reduce global reliance on fossil fuels.
• The long-term PPAs will provide financial incentives to encourage businesses and citizens to switch to renewable energy sources.