Skip to main content

Building Energy, a global company operating as global integrated IPP in the renewable energy industry, announces the sale of nine solar PV plants of its Italian portfolio to SR Investimenti.

The portfolio, developed and managed by Building Energy (“BE”) consists of 7.5MWp PV rooftop plants located in Lombardy, Marche and Emilia-Romagna regions. The plants are operational since 2012 and benefit from the GSE incentive scheme. As part of the agreement, Homes, the O&M subsidiary of Building Energy, will continue providing O&M services to the plants.

SR Investimenti (“SR”), a company led by Antonio Urbano, was launched to consolidate the fragmented secondary market, while also expanding its operations in the nascent market parity sector. SR is working towards a target of 100MW of owned existing plants while codeveloping 300MW of new capacity.

Sergio Benocci, head of Asset Management of BE declared: “we are delighted to have completed such a milestone transaction in less than 6 months from inception confirming the quality of the asset that BE builds and operates. We look forward continuing servicing SR through our O&M arm”.

Antonio Urbano, CEO of SR has added: “with this transaction, we made an important addition to our growing asset portfolio. We appreciated the professionalism and dedication of BE in this transaction”.