As an international and independent photovoltaic energy producer, REDEN strengthens its position on the renewable energy market in Italy with the signing of a framework agreement with Energy 4 Synergy S.p.A. (E4SY) regarding the development of a 300 MWp photovoltaic portfolio.
REDEN confirms its commitment to performance across the entire photovoltaic value chain by investing in a production line that will allow the Group to remain at the cuting edge of technology while offering to its projects and partners greater development flexibility. With this investment of several million euros, the Group is also emphasising its dedication to a responsible economic growth in the country.
Up to 26 photovoltaic power plants with a total installed capacity of up to 255 MW to be built across Italy. Once operational, the plants will produce approximately 470 GWh a year of renewable electricity, enough to meet the demand of more than 190 000 Italian households. The operation will contribute to ambitious RepowerEU objectives … Read more
Macquarie Asset Management, in a consortium with British Columbia Investment Management Corporation (BCI) and MEAG, has reached an agreement to acquire Reden Solar from InfraVia Capital Partners and Eurazeo for an enterprise value of €2.5 billion.