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Innogy Acquires Italian Wind Farm

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Germany’s innogy and Italian developer Imprese e Sviluppo have signed an agreement to acquire all shares in the Deliceto onshore wind farm. The 23 MW project based in the Apulia region has been in operation since January 2013 and consists of 10 Enercon wind turbines with an installed capacity of 2.3 MW each.  Due to favorable wind conditions, Apulia is one of the leading wind energy areas in Italy.
Innogy Acquires Italian Wind Farm
Deliceto Wind Farm (innogy)

The wind farm has been awarded with a 15-year incentive scheme based on the former Green Certificates System. All parties have agreed to maintain confidentiality regarding the purchase price.

Deliceto wind farm is located between the company’s wind farms Ururi and Anzi and will be operated by innogy Italia, which now has an installed wind capacity of 90 MW. The new operating wind farm will benefit from the local established structures of asset management, business development, finance and general services.

“We are very pleased to add Wind Farm Deliceto to our Italian portfolio. This acquisition is a great opportunity for exploiting geographical and operational synergies with our fleet and will immediately add value to our business: Deliceto wind farm will benefit from the capabilities of our regional Operation & Maintenance team," said Paolo Grossi, CEO of innogy Italia S.p.A.

innogy has experience in developing, designing, financing, constructing and operating renewables assets both independently and together with project partners and investors. In addition to looking for growth opportunities in the established European core markets innogy is looking for new value-accretive growth options in new markets for offshore wind and solar.

 

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