SR Investimenti has completed the acquisition of nine solar PV plants from Building Energy, a global company that operates in the renewable energy industry; the portfolio includes 7.5 MWp PV rooftop plants – located in Lombardy, Marche and Emilia Romagna regions – that benefit from the GSE incentive scheme. The transaction was completed in less than 6 months from inception and represents an important addition to the growing asset portfolio of SR Investimenti. With this operation, the company continues on its ambitious path toward the target of 100MW of owned existing plants, while codeveloping 300MW of new capacity.

 Building Energy was supported by Prothea as exclusive financial advisor and Legance as legal advisor, while for SR Investimenti GOP acted as legal advisor, E&Y as financial and tax advisor, and Moroni&Partners as technical advisor. Wide Group supported SR Investimenti on matters concerning insurance.

Renewable generation company Sistema Rinnovabili has completed the acquisition of 6MW of ground-mounted solar plant located in the Puglia and Lombardy regions. The company is also engaging on a number of follow-on acquisitions throughout Italy. Advisors Gianni Origoni Grippo Cappelli & Partners, Moroni & Partners and Ernst & Young advised the company on the transactions.

Sistema RInnovabili is consolidating fragmented solar plant in Italy as well as developing, constructing and operating large scale ground-mounted PV plant in market parity. The Company is owned by major international institutional investors.

Renewable generation company Sistema Rinnovabili has expanded its team with two new hires. Marco Sartor will be in charge of M&A and joins the company after a long career in the energy domain including positions in EPC solar companies (Enerqos and BP Solar), in advisory activities for a renewable energy financial advisor (Prothea) and M&A head in an Italian IPP. Mr Riccardo Glorioso also joined the team as Investment Analysts after several years of experience in solar energy and anaerobic digestion in Italy and the UK.

Renewable generation company Sistema Rinnovabili has appointed Antonio Urbano as Chief Executive. Mr Urbano is a veteran of the energy sector with a variety of previous roles including senior positions in Eni, Edison, founder and CEO of Dynameeting (currently Repower Vendite Italia), CFO of Repower Italia. Mr Urbano is also Board Member of renewable company ICQ Holding,  founder and partner of Puraction and Carica Positiva

Sistema RInnovabili is consolidating fragmented solar plant in Italy as well as developing, constructing and operating large scale ground-mounted PV plant in market parity. Mr Urbano will oversee all operations of the company. The Company is owned by major international institutional investors.