Eni announced on Friday that it had signed an agreement to acquire 100% of a portfolio of 13 onshore wind farms in Italy, for a total capacity of 315 MW already in operation, from Glennmont Partners (“Glennmontâ€) and PGGM Infrastructure Fund ( “PGGM”).

The acquired portfolio includes 256 wind turbines that entered service between 2009 and 2016 and are located in the regions of Sicily, Puglia, Basilicata and Abruzzo. The transaction also includes the acquisition of a highly qualified team that will ensure the ongoing management of the assets and the development of the portfolio.

Including the 35 MW already under development in Puglia, Eni will now achieve a total installed wind capacity in Italy of 350 MW, becoming one of the main players in renewable energies in the country.

The transaction is part of a broader integration strategy between the renewable energy production capacity and Eni gas e luce customers. The portfolio in question will meet the energy needs of around 200,000 Italian families.

Eni CEO Claudio Descalzi commented: “This transaction represents an important step for Eni’s renewable energy growth, and will allow us to reach 4 GW of installed capacity in 2024, 15 GW in 2030 and 60 GW in 2050 as planned in our strategy. . On the one hand, we are growing organically, thanks to projects resulting from our national and international partnerships as well as our greenfield developments in upstream countries. On the other hand, we plan to accelerate our growth through selective acquisitions, particularly in countries where we already have a large customer base. Our expansion of renewable energies, which thanks to this transaction has already reached more than 1.3 GW of installed capacity and under construction, will be fully integrated into our business activity, creating a unique player of great value and high development potential. This transaction is another important step as Eni continues on its path to leadership in the production and sale of carbon-free products â€.

The sale will be subject to a standard change of control procedure by the lenders.

For this transaction, Eni was supported by BNP Paribas as exclusive financial advisor and by Chiomenti as legal advisor.