GREEN UTILITY
Solar PV platform focusing on distributed generation and self-consumption for Commercial and Industrial (C&I) clients in Italy.
Acquisition
October 2024
Current investment
Sector
Renewable energy
Country
Italy
Fund
Infrastructure V
Green Utility is a solar PV platform focusing on distributed generation and self-consumption for Commercial and Industrial (C&I) clients in Italy.
Founded in 2007, Green Utility has been an early mover in its field. The company aims to bring electricity production closer to consumption via solutions that allow C&I clients to optimise their electricity supply with installations dedicated to self-consumption in addition to their existing grid connections.
The contemplated transaction marks a key milestone for the Company and will enable Green Utility to accelerate its development, and thus supporting the energy transition in Italy.
InfraVia is convinced that distributed energy solutions will play an essential role in energy transition. The updated Italian regulatory framework for renewables should accelerate the penetration of distributed behind the meter generation, energy efficiency solutions and utility scale PV and battery energy storage systems (BESS).
Through this partnership, InfraVia and Green Utility aim to leverage the Company’s proven development, construction, and operation capabilities to become a leading solar PV distributed energy platform in Italy.