We are happy to announce that Arena Wind Italy (a wholly owned subsidiary of Arena Capital Partners) has acquired a further 14 turbines across Sicily and Southern Italy. This deal together with our existing portfolio of 8 turbines, helps establish Arena’s footprint in the fast growing Italian renewable energy market. We would like to thank Coolbine srl, our strategic partner in the Italian market, for their help and support in making this deal happen. Also included in this acquisition is a development project for a 850kw turbine in Sicily, which underlines Arena’s vision to expand its operations to include larger installations.
This acquisition marks a strategic point in Arena’s European expansion strategy and further underlines its commitment to regional diversification and growth.
Following the acquisition, Mr Ian Greer, CEO said: “We continue to build our portfolio and leverage the experience and dedication of our team to give us the competitive edge required in this very dynamic market”