KMR's Acquisition of 38-MWp Italian Solar Project

• Keppel MET Renewables has acquired a 38-MW solar PV project in Italy. The project is expected to be operational in 2026, adding to KMR's 200-MW renewable portfolio. KMR is aiming for 2 GW of installed capacity by 2026 and expanding its reach to other EU countries.

Keppel MET Renewables has acquired a 38-MWp solar photovoltaic (PV) project in Apulia, southern Italy, from an undisclosed seller. The project is expected to reach shovel-ready status in 2025 and commence operations the following year. This is KMR's second development in the country, adding to its 200-MWp-plus portfolio of solar projects. KMR is aiming for a 2 GW installed capacity renewable portfolio by 2026 and is eyeing other markets in the European Union such as France, Germany, Portugal and Spain.

How Far is Keppel MET Renewables from 2GW?

• The Apulia project is KMR’s second development in Italy, adding to its 200-MWp-plus portfolio of solar projects.
• By 2026, KMR is aiming to reach a total installed capacity of 2GW for their renewable portfolio, which will mostly consist of solar projects.
• KMR is looking into other markets within the European Union such as Spain, Portugal, Germany, and France in order to reach their goal of a 2GW portfolio.
• KMR is currently looking for additional projects and investments in order to reach its 2026 goals.
• The solar PV project in Apulia is expected to reach shovel-ready status in 2025 and commence operations in the following year.
• KMR is committed to providing clean energy and environmental stewardship to its customers and partner countries.