A2A enters the Volta Green Energy and speeds up renewable energy

A2A (MIL: A2A) signed a binding agreement to start an industrial partnership having the majority share in Volta Green Energy. The agreement aims to speed up and reinforce the development of the renewable energy sector.

Volta Green Energy, a company founded in Rovereto (TN) in 2017, is a platform dedicated to development activities, asset management, operation & maintenance, engineering, procurement & construction of plants with renewable sources, which has a specialized team of 20 professionals with decades of experience.

This agreement also provides for the acquisition of a pipeline of wind and photovoltaic projects with an expected installed power of about 800 MW, some of which are ready for construction or with authorization underway. The pipeline will have a balanced green energy mix with about half of the wind-based generation plants and half of the photovoltaic, and an undiversified distribution across the country.

The partnership is subject to fulfilling the conditions precedent of this type of operation.

Author: KS

Source: A2A S.p.A.

Market: Wind Energy Stocks | Solar Stocks

Leave a Reply

Your email address will not be published.