June 30, 2026
PLT energia strengthens its leadership in renewable energy with the acquisition of a 69.9 MW operating wind and solar portfolio from EDP Renewables Italia Holding
PLT energia, one of Italy's leading independent renewable energy companies and a subsidiary of PLT Holding, the investment group owned by the Tortora family, has signed an agreement with EDP Renewables Italia Holding S.r.l. to acquire 100% of the share capital of two companies owning an operating portfolio of renewable energy assets in Italy.
The transaction includes four onshore wind farms and one photovoltaic plant, with a combined installed capacity of 69.9 MW, consisting of 60.0 MW of wind power and 9.9 MW of solar power, located across the regions of Puglia, Basilicata and Campania.
The wind assets benefit from 20-year Feed-in Tariff (FiT) agreements with Italy's Energy Services Operator (GSE) and have an average remaining operating life of approximately 11 years.
The photovoltaic plant is backed by a 10-year Power Purchase Agreement (PPA) and has been in operation for less than one year.
In 2025, the portfolio generated an EBITDA of approximately €15 million.
The transaction is expected to close by July 2026, subject to customary closing conditions.
Stefano Marulli, Chief Executive Officer of PLT energia, commented: "This acquisition demonstrates the Group's ability to identify investment opportunities that are fully aligned with our long-term industrial strategy and to create value through high-quality operating assets.
We remain firmly committed to our growth strategy, strengthening our position as an increasingly significant player in both the Italian and international renewable energy markets."
Simone Vercesi, General Manager of PLT energia, added: "This transaction marks another important milestone in PLT energia's growth journey and confirms our ability to complement organic development with carefully selected strategic acquisitions. We are particularly pleased to continue our collaboration with EDP Renewables through a transaction that brings high-performing assets into the Group, located in strategically attractive, high-wind areas with strong future repowering potential.
Combined with our existing development pipeline and the Group's growing execution capabilities, this acquisition puts us in a strong position to achieve our target of approximately 600 MW of installed capacity by the end of 2026 and 1.4 GW by 2031, further reinforcing PLT energia's position as one of Italy's leading independent players in the energy transition."
As part of the transaction, BPER Banca acted as financial advisor to PLT energia in structuring the acquisition financing.
Gianni & Origoni served as legal advisor, Fichtner acted as technical advisor, DN Associati acted as accounting and tax advisor and PwC provided model audit services.
Marsh acted as insurance broker and advisor for the placement of the Warranty & Indemnity (W&I) insurance policy.