Wind Farm Operating – Clean Energy

Settore: Wind – Clean Energy

Sponsor: Arpinge (100%), through its subsidiary operating in the energy sector.

Arpinge continues its strategy toward opportunities in the transformation of the Italian electricity sector, and diversifies its portfolio in the renewable energy sector.

In particular, on 20 June 2017, through Arpinge Energy Efficiency and Renewables S.r.l. (“AEER”) – its fully owned subsidiary for investments in the renewable energy and energy efficiency sectors – has completed the acquisition of two operating wind farms, for a total installed capacity of 34 MW. The two farms were developed and built by PLC SYSTEM S.r.l., in partnership with local partners.

In details, AEER acquired the 100% of the share capital of:

  • Burgentia Energia Srl (75%-owned by PLC SYSTEM and at 25% by local entrepreneurs) owner of a 18 MW wind farm in operating (composed by 6 WTG Senvion M122 from 3 MW) located in Brienza (Potenza, Basilicata). The wind farm has been designed, built and connected by PLC SYSTEM in 2015 and has been financed by Banca Popolare di Bari.
  • Energia Pulita Srl (50,1%-owned by PLC SYSTEM and at 49,9% by EMI Srl) owner of a 16 MW wind farm in operating (composed by 8 WTG Gamesa G114 from 2 MW) located in Butera (Caltanissetta, Sicily). The wind farm has been designed, built and connected to grid by PLC SYSTEM in 2016 and has been financed by a pool of banks (BPER Banca S.p.a., Iccrea Banca S.p.A. and Banca di Credito Cooperativo Agrigentino).

Considering the huge “pipeline” under analysis, the asset class of power generation from renewable sources is expected to cover a relevant share in the Arpinge’s portfolio. Also with this purpose, Arpinge has recently increased its internal team, specifically in the asset management area.