Italy’s A2A buys majority stake in rival Volta Green Energy

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Published: Dec 27, 2021, 10:54 UTC

MILANO (Reuters) - Italian regional utility A2A said on Monday it had agreed to buy a majority stake in north-eastern peer Volta Green Energy, adding the deal would more than double its 300 megawatts (MW) of solar and wind assets.

A2A Energy company technician works on junction box downtown Milan

MILANO (Reuters) – Italian regional utility A2A said on Monday it had agreed to buy a majority stake in north-eastern peer Volta Green Energy, adding the deal would more than double its 300 megawatts (MW) of solar and wind assets.

A2A said the binding accord for Trento-based Volta Green Energy brought in a pipeline of wind and photovoltaic projects with an expected installed capacity of around 800 MW, some of which were already under way or had been approved by local authorities.

(Reporting by Giancarlo Navach; editing by Valentina Za)

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